Lockheed Martin And Northrop Grumman: Comparing The Contractors - Seeking Alpha
Here is a good article comparing two defense contractors. While Lockheed Martin has gained more than 50% in the past year, and they have gained big new contracts, the company is basically a slow grower. The 4% dividend is nice, but the company is highly dependent on government spending as the author pointed out. LMT would probably be okay in a diversified portfolio, but you should not expect another 50% return anytime soon. If you want high returns, you will need to look elsewhere.
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