Motley Fool Backs 2 Industrial Blue Chips After Pullback, Citing Lockheed's $186 Billion Backlog
Updated
Updated · The Motley Fool · May 26
Motley Fool Backs 2 Industrial Blue Chips After Pullback, Citing Lockheed's $186 Billion Backlog
2 articles · Updated · The Motley Fool · May 26
Two industrial blue chips—Lockheed Martin and Deere—were flagged as buys after the recent market pullback created cheaper entry points for long-term investors.
Lockheed’s case rests on defense demand: its first-quarter 2026 backlog still stood at $186 billion, missile production is being expanded, and the stock trades below its 52-week high at under 18 times 2026 earnings.
Deere’s appeal is more cyclical. Farm weakness has hurt results as lower crop prices, higher input costs and elevated rates pressure customers, but that downturn has also pulled the stock back.
Analysts see earnings growth averaging about 18% annually for Lockheed and more than 15% for Deere over the next three to five years, with Deere also positioned for longer-term gains from more autonomous machinery.
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