Seemingly out of place on a list of favorite energy stocks, Lockheed Martin (NYSE: LMT) is an unusual pick here. In this video, Fool.com contributor Aimee Duffy explains why Lockheed's initiatives in water filtration, modular nuclear reactors, and LNG storage tanks make it so crucial to our energy future. Ultimately, Aimee suggests the company could end up more like General Electric (NYSE: GE) than a pure play energy stock, but its work is important nonetheless.
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Why This Defense Contractor Is a Favorite Energy Stock
Aimee Duffy and Tyler Crowe count down their 20 favorite energy stocks of 2013. At #20, Lockheed Martin.
About the Author
Contributing to Fool.com since 2011.
Fool contributor Aimee Duffy has no position in any stocks mentioned. Fool contributor Tyler Crowe has no position in any stocks mentioned. The Motley Fool owns shares of General Electric Company and Lockheed Martin. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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