Lockheed Martin Corp (LMT)Stock reported better-than-expected quarterly revenue on Tuesday before the Stock Market opened, helped by higher sales with the F-35 fighter jet. LMT sees demand for arms increasing after Russia invaded Ukraine.
Is LMT a Stocks to Buy Now?
LMT Stock maintained its 2022 revenue guidance of $65.25 billion despite lingering supply chain-related headwinds. In July, Lockheed revised the figure down from $66 billion. Watch Paul Gabrail discuss the price to enter a position for LMT stock using the 8 Pillar process and the stock analyzer tool.
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