Recent Buy: Lockheed Martin Corporation

Lockheed Martin reported third quarter results and stock declined about 10 percent. Guidance was soft and all that but long term thesis is still there at least for me. Conflicts will never go out of fashion and space will be a key sector in the long term. Therefore I added 5 shares for 336,90 USD per share. Personally I consider current valuation as decent given the overall market and political environment. Not exceptionally cheap but decent. This does not really reduce my cash position but acts as a monthly maintenance purchase for dividend portfolio.

https://www.thestreet.com/investing/earnings/lockheed-martin-posts-third-quarter-sales-miss-on-f-35-revenue-drop