Lockheed Martin Corporation (LMT): Graham Stephan Once Outlined Bullish View

We just covered the Graham Stephan Stock Portfolio: Top 11 Stocks and Lockheed Martin Corporation (NYSE:LMT) ranks 3rd on this list.

Lockheed Martin Corporation (NYSE:LMT) is another stock that Graham Stephan recommended his followers buy when outlining his view on investing $10,000 in savings for an average American household. Due to the war clouds that have gathered over the Middle East in recent months, this recommendation looks increasingly smart. Lockheed is an aerospace and defense company that engages in the research, design, development, manufacture, integration, and sustainment of technology systems, products, and services in the United States, Europe, Asia, the Middle East, and internationally. The company offers combat and air mobility aircraft, unmanned air vehicles, and related technologies.

5 Most Expensive Fighter Jets in the World

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For Lockheed Martin Corporation (NYSE:LMT), total Q1 2026 revenue was flat year-over-year at $18.02 billion, marginally missing Wall Street estimates of $18.19 billion. However, the segments that hedge funds are most bullish on, like the missiles and advanced missile defense, showed double-digit strength. Missiles and Fire Control sales climbed 8% year-over-year to $3.65 billion, driving a matching 8% increase in operating profit to $500 million. This growth was entirely driven by production ramps across critical global munitions programs, including the PAC-3, JASSM, LRASM, and PrSM tactical strike lines. The Space segment grew 7% to $3.43 billion, powered by massive production spikes on the Fleet Ballistic Missile and Next Generation Interceptor programs.

While we acknowledge the risk and potential of LMT as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than LMT and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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