04-12-2019, 01:56 PM
(04-12-2019, 01:29 PM)vbin Wrote: Can you please share more data/links on investment in large defence contractors?
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Have held BA since it was $120/share, and been very happy with the dividend raises since that time. I currently think it is overpriced, but will just continue to hold.
Opened a position in LMT during the December mini-panic when it was under $270/share, and anticipate that it will continue to churn out reliable income as it has for decades. Have had my eye on it for a long time, and it finally got in my buy range in December.
Have recently been nibbling on GD. Not super-discounted, but appears fairly priced at the moment with a 15 P/E.
LDOS is on my watchlist. Would have loved to grab some in December, but LMT got the nod with those funds. Waiting for the next downturn on that one. They basically do IT for our three-letter agencies.