09-14-2013, 09:18 AM
LMT is definitely one of those "wish I had bought more" stocks. I picked up all of my shares in late 2012 and early 2013 -- during the "sequestration" volatility -- at prices between $87 and $94. As I've said before, it is one of those rare companies that has a built in tail-wind helping it along. They sell their products to customers who are hooked on their products and who use other people's money to buy them!
Even at current prices it scores high in my system, but I agree with you completely, Horace, that it is tough to pay so much more for a stock today than you did before.
Even at current prices it scores high in my system, but I agree with you completely, Horace, that it is tough to pay so much more for a stock today than you did before.