Summary
The Aerospace & Defense ETF has easily beaten the S&P 500 over the last five years.
Lockheed Martin has outperformed both indexes in that same time period by a wide margin.
Recently, Lockheed Martin has trailed both, presenting a possible buying opportunity.
Given Lockheed Martin's position as the world's largest defense contractor and dividend history, I find the stock very appealing.
Lockheed Martin (LMT) is the largest defense contractor in the world and my favorite name in the defense sector. I have bought shares of Lockheed Martin for the March to Freedom Fund twice in the last two years. I would very much like to own more of the name. Let's look at the stock's recent performance, business results, dividend history, and my valuation to determine if now is a good time to purchase more shares of Lockheed Martin.
Recent Stock Performance
Over the past five years, the defense sector, and Lockheed Martin, in particular, has performed very well.
