Today, analysts Brendan Byrnes and Austin Smith discuss Lockheed Martin's surprisingly strong earnings report. The company easily beat expectations and even raised full-year guidance, mainly via slashing costs and increasing margins. But defense cuts could still eat into profits, and investors should track the sequestration process as well.

The upcoming sequestration possibility is just one area that could swing on the presidential election in November. Learn about The Stocks That Could Skyrocket After the Presidential Election in our analysts' newest report. After reading it you'll be prepared to profit -- no matter who wins. Read more here.