Lockheed Martin (LMT)
Putting it simply, Lockheed Martin stock is a great buy this March because of the US’s recent military campaigns in the Middle East. As you can imagine, wartime usually bodes well for defence contractors and Lockheed Martin is on the top of that list due to it’s reliable dividend history, recent earnings beats, and relationship with the US military. Lockheed Martin is the biggest defence contractor in the United States and it’s slated to hold that top spot with an expected EPS increase of over 16% in the next year. And even though the average analyst rating for LMT is a Hold right now, our rating remains a Buy with a +32% price forecast for this time next year. Up over 45% in the past 6 months, we think LMT is a great pick for investors that want a low risk, medium reward stock with a reliable dividend and consistent earnings.
Microsoft (MSFT)
Microsoft is a solid buy in March because of its reliable cash flow streams and dividend. MSFT stock is now down over 22% in the past 6 months due to their involvement in the AI correction, but sharp investors know that down periods like these making great buy-in periods. Microsoft still has incredibly strong fundamentals with impressive revenue and earnings growth complete with minimal debt (~31% Debt to Equity) and a now-fair valuation (24 Price to Earnings). They also sport a great dividend history dating back 20 years even if it is small yield around 0.91%. Analysts have rated Microsoft a Strong Buy with an average one year forecast of +32%, and it’s clear they will be able to hold onto their dominant market position for quite some time. Microsoft has beat all 4 of their last earnings calls and we have put them as low risk, medium reward and have rated it a Buy with a +8% one year forecast.
