Lockheed Martin Corporation (NYSE:LMT) J.P. Morgan 2024 Industrials Conference Call March 13, 2024 10:15 AM ET Company Participants Jay Malave – Chief Financial Officer Conference Call Participants Seth Seifman – J.P. Morgan Seth Seifman Good morning, everyone. Welcome back to the aerospace defense track at the 2024 JPMorgan Industrials Conference. I’m Seth Seifman, the U.S….
AndrewJShearer/iStock Editorial via Getty Images Our readers know that we deeply admire Ferrari (RACE), and on Seeking Alpha, our supporting buy rating is widely shared. Even in our recent analysis, we reported how Ferrari is an unusual car company that combines auto and luxury virtues. With a unique order book that now extends until late…
guvendemir Everyone is a value investor in one form or another. That’s because nobody buys a stock on the mere fact that it’s expensive, but rather because they believe in the future value appreciation potential of the investment. One of the differentiating factors is the length of time one is willing to hold. For example,…
VanderWolf-Images Lockheed Martin (NYSE:LMT) is one of the largest and most well-respected defense contractors on earth. Responsible for a huge number of Land, Air, Sea, and Cyber combat systems in western arsenals today, the company plays an incredibly important role in the security and defense posture of much of the western-leaning world, including the United…
rancho_runner Introduction 53%. That’s how much industrial exposure I have in my dividend (growth) portfolio, which holds almost my entire net worth. The S&P 500 has just 9% industrial exposure. Although industrial exposure is very cyclical, I have limited the cyclical risks of my portfolio, as more than half of my industrial exposure consists of…
Juan-Enrique Pretty Picture Martin Marietta Materials, Inc. (NYSE:MLM) operates in a cornerstone industry of the economy. Martin Marietta supplies crushed stone, sand, gravel, ready-mixed cement, concrete, and asphalt for construction markets. The company appears well-managed by the same CEO for 17 years. It is a legacy American company founded in 1939. A leader in its…
Kittisak Kaewchalun /iStock via Getty Images Martin Midstream Partners L.P. (NASDAQ:MMLP) reported $26.2 million in adjusted EBITDA in Q3 2023 and reaffirmed its full-year guidance for $115.4 million in adjusted EBITDA, excluding the impact of its exit from the butane optimization business. Martin’s transportation business underperformed a bit as demand from specialty industrial customers slowed….
JHVEPhoto The Company Established in 1912, Lockheed Martin Corporation (NYSE:LMT) is a leading aerospace and security company with a market cap of $111 billion, specializing in the research, design, development, and integration of advanced technology systems for both U.S. government and international defense clients. With 116,000 employees, the company is divided into 4 key segments:…
Robert Hradil/Getty Images News At the time of writing, the Formula One Group’s (FWONA) (OTCQB:FWONB) (FWONK) much anticipated Las Vegas Grand Prix has just finished. Two of the twenty cars on the grid – recognizable by their British Racing Green paint scheme – raced under the Aston Martin name. Well, the Aston Martin Aramco Cognizant…
Monty Rakusen The last four years have been quite eventful by any measure. From the pandemic to two ongoing wars now, investing would certainly seem challenging if you are looking at the macro. Part of long-term investing is to accept volatility as part of the game and continue to follow a systematic approach. But it’s…
It’s that time of year when the leaves are changing, the chill of winter is in the air, and many of us in the Western world are once again gearing up for the holiday season. Thanksgiving and Christmas are important holidays for many and one of the best times to gather with family. Still, I…
Ales_Utovko Lockheed Martin Corporation (NYSE:LMT) posted its third quarter results on the 17th of July before the opening bell. Year-to-date, shares have lost around 7% of their value. Indeed, there are some challenges ahead, but the current environment for defense equipment and services provides an appreciable backdrop. Lockheed Martin Q3 2023 Results: Revenues Grew, Earnings…
Martin Midstream Partners L.P. (NASDAQ:MMLP) Q3 2023 Earnings Conference Call October 19, 2023 9:00 AM ET Company Participants Sharon Taylor – Chief Financial Officer Bob Bondurant – Chief Executive Officer Randy Tauscher – Chief Operating Officer David Cannon – Controller Danny Cavin – Director, FP&A Conference Call Participants Kyle May – Sidoti & Company Tim…
KGrif/iStock Editorial via Getty Images Introduction Lockheed Martin Corp. (NYSE:LMT) stock has drawn increasing attention from investors recently for two reasons – first, the fairly rapid sell-off from over $450 to under $400 in a little over a month, and more recently, the Hamas attack on Israel that began over the weekend in reaction to…
J Studios/DigitalVision via Getty Images Bottom Line Upfront Lockheed Martin (NYSE:LMT) is well valued and currently well postured for the future. However, for giants of this size, profiteering, budget overshoot and military equipment mishaps have led the Department of Defense (DoD) to prioritize small business initiatives. Recommendation for this article is hold for current shareholders…
Denis Torkhov I don’t know about you, but when I look at a road or a building or a bridge or some other structure, it is sometimes easy to forget all that goes into the construction that comprises the world we know today. But when you really sit back and think about it, it’s remarkable…
This is an opinion editorial by Nathan Cryder, the COO of a renewable energy company and the founder of a bitcoin-focused holding company. It’s unlikely that Bitcoin’s mysterious, pseudonymous creator, Satoshi Nakamoto, knew just how many similarities Bitcoin would one day share with the world’s great religions when they first released their code to the…