LMT

Finally, stock number three that Morning Star talks about buying is Loheed Martin LMT.

I trimmed my position in Loheed Martin LMT

another opportunity to buy a cash flowing business at a much more intriguing valuation.

I'M CURIOUS HOW YOU LOOK AT THE NEWER DEFENSE COMPANIES RELATIVE TO THE OLD GUARD, THE STANDARDS RTX NORTHRUP, LOCKHEED. IS THERE ROOM FOR EVERYBODY? >> I THINK SO. I GOT POSITIVE FOR THE FIRST TIME EVER THAT I COVERED THIS SPACE IN JUNE ON THE LARGER -- LARGER DEFENSE PRIME. FIRST TIME I HAVE ESSENTIALLY HAD BUYS ON THOSE NAMES FOR A LONG TIME.

Today, we'll dissect how Lockheed Martin and RTX are morphing into high-margin money-printing machines backed by multi-year backlogs.

I think the better choice with many of these defense names, the the larger cap defense names, I mean, is you're looking at these stocks as buying and holding for a long time.