Defense giant Lockheed Martin (NYSE:LMT) is up in today's trading session. Those wondering why might be surprised to find out why. However, those who lived through the 1980s will find the reason oddly familiar - Russia. Reports emerged that Vladimir Putin was poised to mobilize additional troops to get involved in the Ukraine conflict. This was considered a “major escalation” of the war in question. The move not only gave Lockheed Martin a leg up but also offered boosts to other defense stocks as well. While saber-rattling may sound like a bad excuse to buy in, I'm mildly bullish on Lockheed Martin. Granted, it offers limited upside potential.
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Lockheed Martin (NYSE:LMT)
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