Should You Buy Lockheed Martin While It's Below $600?

The recent results from defense contractor Lockheed Martin (NYSE: LMT) led to a sharp sell-off in the stock, and it now trades sharply below the $615 level it was at before its release. Is this a buying opportunity or a potential value trap? Here's the lowdown.Defense contractors are typically seen as safe investments. After all, it's hard to find a more reliable customer than the U.S. government, and defense spending tends to be stable through the economic cycle. Moreover, there's no shortage of geopolitical conflict in the world right now, and that's stimulating defense spending, whether it's to replenish equipment used in disputes or to support increased defense needs. Furthermore, Lockheeds's fastest-growing segment over the next few years, missiles and fire control, is also its highest-margin business.Operating MarginContinue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool