Why This Defense Contractor Is a Favorite Energy Stock

Updated
Why This Defense Contractor Is a Favorite Energy Stock

Seemingly out of place on a list of favorite energy stocks, Lockheed Martin (NYSE: LMT) is an unusual pick here. In this video, Fool.com contributor Aimee Duffy explains why Lockheed's initiatives in water filtration, modular nuclear reactors, and LNG storage tanks make it so crucial to our energy future. Ultimately, Aimee suggests the company could end up more like General Electric (NYSE: GE) than a pure play energy stock, but its work is important nonetheless.

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The article Why This Defense Contractor Is a Favorite Energy Stock originally appeared on Fool.com.

Fool contributor Aimee Duffy has no position in any stocks mentioned. Fool contributor Tyler Crowe has no position in any stocks mentioned. The Motley Fool owns shares of General Electric Company and Lockheed Martin. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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