01-26-2021, 12:40 PM
I'm not holding my breath for a quick run higher but LMT under $350 is good value. They have years of contract backlog orders. If defense spending is frozen for a few years their earnings growth will chug along anyway. Good enough for a core position. I own RTX as well but selling puts every few weeks has been working better for most of the past year. I'll end up with shares whenever the market gets hit. I am guessing space is their best chance of getting some hype this year.