The logo of Lockheed Martin is seen at Euronaval, the world naval defence exhibition in Le Bourget near Paris, France. Picture: REUTERS/BENOIT TESSIER
The logo of Lockheed Martin is seen at Euronaval, the world naval defence exhibition in Le Bourget near Paris, France. Picture: REUTERS/BENOIT TESSIER

Steven Schultz from Momentum chose Lockheed Martin as his stock pick of the day.

“My stock pick is an offshore counter, it is a US-listed counter that is surprisingly one of the few that is not loved by the market at the moment. It’s Lockheed Martin, the world’s largest defence company, which boasts the US military as a big client and investors are a bit nervous around democrats cutting defence spending in the months ahead.”

Steven Schultz from Momentum talks to Business Day TV about his stock pick of the day

Or listen to the full audio:

Subscribe for free episodes: iono.fm | Spotify | Pocket Casts | Player.fm

Would you like to comment on this article or view other readers' comments?
Register (it’s quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.