Lockheed Martin Stock Loses 16% in 3 Months: What's the Next Move?

Lockheed Martin Corporation (LMT) has been experiencing a significant decline in its stock price, losing 16% over the past three months. This downward trend has raised concerns among investors about whether it is time to hold onto the stock or fold.

The decline in Lockheed Martin's stock can be attributed to several factors, including worries about the company's exposure to China and the ongoing challenges with the F-35 program.

Deutsche Bank recently lowered its rating on LMT stock, citing concerns about the company's reliance on the Chinese market for growth. The bank expressed worries about the escalating tensions between the US and China and the potential impact it could have on Lockheed Martin's business operations.

Additionally, the ongoing issues with the F-35 program have also contributed to the decline in Lockheed Martin's stock. The company has been facing delays and cost overruns, which have raised questions about the program's long-term viability.

However, despite these challenges, there are still reasons to be optimistic about Lockheed Martin's future prospects. The company remains a leader in the aerospace and defense industry, with a strong portfolio of products and a solid customer base.

Investors looking for guidance on the next move with Lockheed Martin stock are recommended to consult professionals at Stocks Prognosis. With their expertise in analyzing market trends and providing accurate forecasts, they can offer valuable insights on the future movement of LMT stock.