Lockheed Martin Co. – LMT
• Dates of the trade: 08 February 2021 – 07 March 2022
• Strategy used: Long term investment
• Entry price: 336.81$
• Profit: 29.96% in 13 months
This was one of our analysis that took more time to hit the target, immediately after we bought the price went up but never touched our take profit price, and then it came back into the 340-360$ price area. We weren’t really worried or anything, we just gave it more time, and after a bit more than a year the stock price went up and we’ve been able to close the trade at the desired profit. As we always say to all our students and collaborators, you can’t foresee how much time it will take to an investment to appreciate, just be patient and check periodically that the company doesn’t have any problems. And this is a perfect example, it just took it more time, but then we got what we wanted.
Check the full analysis if you are interested in more details