Lockheed Martin stock has disappointed investors, time to buy, Barron’s says

A good defense is supposed to be the best offense, but Lockheed Martin’s returns would make any investor defensive. That’s about to change. It’s time to buy the stock, Al Root writes in this week’s edition of Baron’s. Lockheed has been beset by problems ranging from supply-chain issues, which limited production, to concerns about government military spending. But with order backlogs growing, manufacturing improving, and spending poised to increase, Lockheed’s business is about to get a boost, the writer says. What’s more, capital returns, including hefty buybacks and a generous dividend, should propel shares even further, the publication adds.