Defense Stocks In Focus: LMT, HII

As Russia invades Ukraine and geopolitical tensions holds investor focus, Burkett Huey puts defense stocks in focus. Huey discusses defensive stocks like Lockheed Martin (LMT) and Huntington Ingalls (HII) as the U.S. force structure shifts towards great power conflict, which, Huey says, will likely make it difficult for President Biden to flatten the domestic defense budget. Shares of Lockheed Martin are trading at 52-week highs and both stocks are in the green Friday.

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25 Feb 2022

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