Hi friends,
Major indices continue with the rise as earnings season for some its titanic components is rapidly approaching. The bulls are angry!
Here's the last 5-day record:
Dow Jones 30: 34,200.67 (1.18%, year-to-date: 11.74%)
S&P 500: 4,185.47 (1.37%, year-to-date: 11.43%)
Nasdaq: 14,052.34 (1.09%, year-to-date: 9.03%)
Wow, such gains, much returns
Dogecoin broke $.40 this past week, with the current YTD returns over 5000% (yes five thousand). The surge in both the price of Dogecoin and its activity has caused some level of server traffic and, consequently, difficulties on fulfilling order on some trading platforms such as Robinhood...
Verge of total recall...maybe
Johnson & Johnson's Covid-19 vaccine has been put on pause by authority of the FDA and CDC after reported cases of blood clotting. It'll be subject to further investigation before it's going to be allowed back into circulation. Ouch.
Let's talk about nukes
Negotiations took place in Vienna this week between China, Russia, Iran, the U.S., the E.U. and other parties in hopes to come to a nuclear deal which could result in lifting of economically deleterious sanctions.
Next Week's Earnings
Here's a few notable earnings next week:
Cadence Design Systems (CDNS) on 19th Apr 2021
Equifax Inc. (EFX) on 19th Apr 2021
International Business Machines (IBM) on 19th Apr 2021
Coca-Cola Company (KO) on 19th Apr 2021
M&T Bank (MTB) on 19th Apr 2021
Prologis (PLD) on 19th Apr 2021
United Airlines Holdings (UAL) on 19th Apr 2021
Zions Bancorp (ZION) on 19th Apr 2021
Abbott Laboratories (ABT) on 20th Apr 2021
Comerica Inc. (CMA) on 20th Apr 2021
CSX Corp. (CSX) on 20th Apr 2021
Dover Corporation (DOV) on 20th Apr 2021
Emerson Electric Company (EMR) on 20th Apr 2021
Edwards Lifesciences (EW) on 20th Apr 2021
Fifth Third Bancorp (FITB) on 20th Apr 2021
Intuitive Surgical Inc. (ISRG) on 20th Apr 2021
Johnson & Johnson (JNJ) on 20th Apr 2021
KeyCorp (KEY) on 20th Apr 2021
Lockheed Martin Corp. (LMT) on 20th Apr 2021
Netflix Inc. (NFLX) on 20th Apr 2021
Northern Trust Corp. (NTRS) on 20th Apr 2021
Paccar (PCAR) on 20th Apr 2021
Procter & Gamble (PG) on 20th Apr 2021
Philip Morris International (PM) on 20th Apr 2021
Teradyne (TER) on 20th Apr 2021
The Travelers Companies (TRV) on 20th Apr 2021
W. R. Berkley Corporation (WRB) on 20th Apr 2021
Anthem (ANTM) on 21st Apr 2021
Baker Hughes Co (BKR) on 21st Apr 2021
Crown Castle (CCI) on 21st Apr 2021
Chipotle Mexican Grill (CMG) on 21st Apr 2021
Discover Financial Services (DFS) on 21st Apr 2021
Halliburton Co. (HAL) on 21st Apr 2021
Lam Research (LRCX) on 21st Apr 2021
Nasdaq, Inc. (NDAQ) on 21st Apr 2021
NextEra Energy (NEE) on 21st Apr 2021
Progressive Corp. (PGR) on 21st Apr 2021
Lockheed Martin Corporation (LMT)
Responsible for developing some of the world's foremost aerospace technologies as well as being contracted by the U.S. government for development of arms, Lockheed Martin was formed by the merger of two very storied companies (Lockheed Corp and Martin Marietta...surprise). With that in mind, let's lock onto fundamentals and get ready for takeoff.
Annual Top-Line Revenue:
2016: $47.25B
2017: $49.96B
2018: $53.76B
2019: $59.81B
2020: $65.4B
Last 4 Earnings Result (from most recent):
Beat
Beat
Beat
Beat
Historical Stock Returns:
3-month: 11.71%
1-year: 1.13%
5-year: 73.64%
Good hit. Earnings will be published on Tuesday.
Who competes with LMT?
LMT is up against the likes of General Dynamics Corporation (GD), Raytheon Technologies Corporation (RTX), Northrop Grumman (NOC), and Boeing (BA), to name a few.
Discord Launched!
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- Call to Leap Team
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