08-28-2013, 11:57 PM
I agree with you completely, Horace. I'm not shopping for any LMT right now as it already makes up over 6.5 percent of my portfolio and there are some other bargains around right now (PM below $83?!?!), but I agree that even at today's prices LMT is top-shelf dividend growth stock. I don't think we're really on the cusp of world peace here, so I think their market is healthy if not growing. Not to mention the fact that governments pay them with taxpayer money.