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Enter Symbol:
 
Lockheed Martin Corporation (LMT) [hlAlert]

Rating:
Buy LMT
up 199.06 %

DailyFinance's Top 11 Value Stocks for 2011: Lockheed Martin (LMT)

Posted on: Saturday,  Jan 8, 2011  12:55 AM ET by DailyFinance's Top 11 Value Stocks for 2011

DailyFinance's Top 11 Value Stocks for 2011 rated Buy Lockheed Martin Corporation (NYSE: LMT) on 12/30/2010, when the stock price was
$68.69. Since then, Lockheed Martin Corporation has gained 199.07% as of 08/27/2015's recent price of $205.43.
If you would have followed this DailyFinance's Top 11 Value Stocks for 2011's recommendation on LMT, you would have gained 199.06% of your investment in 1701 days.

Lockheed Martin Corporation is a global security company that is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems and products. The Company provides a range of management, engineering, technical, scientific, logistic and information services. It serves both domestic and international customers with products and services that have defense, civil and commercial applications, with its principal customers being agencies of the United States Government. The Company operates in four segments: Electronic Systems, Information Systems and Global Services (IS&GS), Aeronautics and Space Systems. In September 2008, Lockheed Martin Corporation acquired Aculight Corporation. In January 2009, the Company completed its acquisition of Universal Systems & Technology, Inc. (UNITECH).In August 2009, the Company completed its acquisition of Gyrocam Systems LLC.

Wall Street's average price target on the S&P 500 has it tacking on another 11% over the next 12 months, according to Bloomberg data -- with plenty of ups and downs along the way, naturally. That has us inclined to play defense in our 2011 stocks picks, with an eye toward bargain stocks paying generous, sustainable dividends.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/30/2010 4:00 PM Buy
1 year
68.69
as of 12/31/2010
1 Week up  15.32 %
1 Month   
3 Months   
1 YTD up  15.32 %

(*) Stock Price at the time of the recommendation.
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