The last time I wrote about Lockheed Martin (NYSE:LMT) in January, I expressed the opinion that I felt the stock would remain at current levels given uncertainty surrounding the defense industry, and that waiting for a better entry point might be advised for this stock. Lockheed Martin was trading at just under $250 at the time.
However, the stock did the exact opposite of what I was anticipating - shooting up to a level of $281.11 at the time of writing.