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Dines comments on Lockheed Martin

2018-07-03 18:15 ET - In the News

James Dines, writing in a June 14, 2018, issue of The Dines Letter, comments on Lockheed Martin Corp. at $310.59 (all figures U.S.). He said buy twice -- on June 9, 2017, at $277, and on Jan. 1, 2018, at $321.05. He was stopped out on May 1, 2018, at $310. Assuming an investment of $1,000 for each of the two buys, selling at $310 would have resulted in a profit of $170. Mr. Dines mentions Lockheed briefly in this issue. He says it, along with his other defence stocks, was stopped out with profits, in spite of President Trump's increased spending and the world rearming itself, but nonetheless a gratifying sign of the diminishing dangers of war.

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