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L-3 Communications Holdings Inc. Message Board

  • TheArb TheArb Mar 28, 2012 1:10 PM Flag

    Nice Yield, Strong Balance Sheet

    I'm buying a little on dips. Better yield than what I am getting in my savings account and their balance sheet is better than my bank.

    Truth is, even if defense spending gets hit a little, this company can earn greater revenues over time in the private sector from their technology and patents. For this reason and over the long haul, defense spending cuts are probably a blessing in disguise for LLL as they gain private sector market share.

    L3 is a very strong technologically advanced company.
    Good long term hold and good yield, may get very volatile especially if sequestration happens, but for the long term, I'm very bullish.

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110.15+0.60(+0.55%)Oct 21 4:01 PMEDT

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