Analyst bullish on Lockheed Martin due to high demand, despite recent criticism from Elon Musk.

From Yahoo Finance: 2025-06-27 15:22:00

CNBC Investment Committee member Jim Lebenthal discussed why he owns Lockheed Martin Corp (NYSE:LMT), citing global danger and increased European demand for defense products. Conventum – Alluvium Global Fund noted LMT’s 16.3% drop due to Elon Musk’s criticism of F-35 fighter jets. Despite LMT’s potential, AI stocks are seen as offering higher returns.



Read more at Yahoo Finance: Analyst Says He’s Buying Lockheed Martin (LMT) Amid a ‘Lot of Demand’