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The defense contractor is seeing increased demand from rising military budgets.
Fool.com contributor Parkev Tatevosian evaluates Lockheed Martin (LMT -0.75%) and answers if it makes an excellent addition to investor portfolios.
*Stock prices used were the afternoon prices of Sept. 17, 2023. The video was published on Sept. 19, 2023.
Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool recommends Lockheed Martin. The Motley Fool has a disclosure policy.
Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
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