Lockheed Martin Mixed Earnings Report But Bright Future

Lockheed Martin (LMT) reported earnings today with mixed results, causing the stock to be down slightly today. Investors are looking to the future and that outlook is brighter for LMT, says John Eade, President & Director of Portfolio Strategies, Argus Research. He expects 10 - 15% capital gains on Lockheed in the next year. The defense stocks keep their margins in the 10 - 12% area, he explains. He says they return a lot of cash to shareholders through buybacks and increased dividends. He also weighs in on Raytheon (RTX) and Boeing (BA). Tune in for the detailed discussion.