Alex Puffin On Two Smokes
09-03
//@Kiwi Tigress: Yay ๐Ÿ’š Dividend time! ๐Ÿ’š๐Ÿ’š๐Ÿ’š
@Barcode๏ผš$Lockheed Martin(LMT)$ ๐Ÿ”บBullish ๐Ÿ”ฅ๐Ÿš€โœˆ๏ธ๐Ÿ“ˆ Lockheedโ€™s $3.43B Power Play: LMT Set to Break New Records! ๐Ÿš€โœˆ๏ธ๐Ÿ’ผ๐Ÿ”ฅ Kia ora Tiger traders! ๐Ÿ”ฅ๐Ÿš€โœˆ๏ธ Lockheed Martin (NYSE: LMT) is firing on all cylinders with a $3.43 billion contract modification for the Guided Multiple Launch Rocket System. This hefty deal with the U.S. Army is set to keep the rockets blasting until October 2027. ๐Ÿ›ก๏ธ LMT is solidifying its position as a titan in the defense industry, and I must say, itโ€™s looking pretty bulletproof right now! ๐Ÿ’ช ๐Ÿ’ก Fun Fact: Did you know Lockheed Martinโ€™s Greenville site in South Carolina is the birthplace of the F-16 Fighting Falcon? Not just that, itโ€™s the go-to hub for aircraft maintenance, repair, and overhaul~Lockheedโ€™s version of the ultimate pit stop! ๐Ÿ› ๏ธโœˆ๏ธ ๐Ÿ“Š Market Pulse: โ€ข Current Price: $568.13 (up 0.74%)โ€”LMTโ€™s stock is practically floating in zero gravity! ๐ŸŒŒ โ€ข Support Level: Holding the fort around $546 โ€ข Resistance Level: Eyeing $575 like a hawk ๐Ÿฆ… โ€ข 12-Month Price Target: Analysts are giving us the full spectrum~$635 at the high end and $377 at the low, with an average of $541.85. Some say โ€œHold,โ€ but I say โ€œHold on tight!โ€ ๐ŸŽข ๐Ÿ“ˆ Technical Insights: TradingView shows LMT is flirting with resistance, teasing us with the possibility of breaking out of a bullish triangle. If it does, we might see it rocket even higher. ๐Ÿ’ผ Competitor Snapshot: 1. Northrop Grumman: ๐ŸŸข Buy: 9, ๐ŸŸก Hold: 5, ๐Ÿ”ด Sell: 2 2. Raytheon Technologies: ๐ŸŸข Buy: 8, ๐ŸŸก Hold: 6, ๐Ÿ”ด Sell: 1 3. General Dynamics: ๐ŸŸข Buy: 7, ๐ŸŸก Hold: 5, ๐Ÿ”ด Sell: 2 ๐Ÿ” Analyst Insight: โ€œLockheed Martinโ€™s diversified portfolio in defense ensures steady growth, with contracts like these reinforcing its leadership.โ€~ No surprise there! ๐Ÿ’ฅ Future Speculation: Given Lockheedโ€™s recent contracts and its strong technical setup, do you think weโ€™ll see it break through the $600 barrier before year-end? Or is the market setting us up for a plot twist? ๐Ÿš€ Recap: โ€ข Contract Win: $3.43 billion modification for the Guided Multiple Launch Rocket System โ€ข Current Price: $568.13 โ€ข Key Levels: Support at $546, Resistance at $575 โ€ข 2024 Sales Growth Forecast: 5.3% โ€ข Technical Outlook: Bullish, potential breakout if resistance is breached Hey Tiger Traders, do you think Lockheed Martin will continue its ascent, or is a correction looming on the horizon? @TigerGPT , with Lockheedโ€™s recent contract and strategic moves in Greenville, how do you see this shaping their competitive edge over the next five years? ๐Ÿค” Happy trading ahead. Cheers, BC ๐Ÿ€ @Tiger_comments @TigerStars @Daily_Discussion @TigerPicks
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