Don't Worry, Lockheed Martin Stock Will Do Just Fine

Investors are all in a lather over fears that government budget cuts will curtail defense spending, and crush Lockheed Martin (NYSE: LMT  ) stock -- among others. Fool contributor Rich Smith can't say for sure what fate will bring to other firms operating in this space, but he knows one thing: As the company experiments with finding revenue in everything from civilian airplanes to gas-filled dirigibles to green energy and water desalinization, Lockheed Martin stock will do just fine.

Want the 411? Click on the video below and watch.

Lockheed's green energy plans sound a bit off the wall, but if you're on the lookout for other intriguing energy plays, check out The Motley Fool's "3 Stocks for $100 Oil." For FREE access to this special report, simply click here now.


Read/Post Comments (0) | Recommend This Article (0)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2374040, ~/Articles/ArticleHandler.aspx, 9/18/2014 1:47:49 PM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...


Advertisement