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Gold hitting record highs

The price of gold keeps heating up. If the record-breaking year of 2024 wasn't enough, gold hit a major historic 2025 milestone by crossing the $3,000/ounce threshold!

Here are 3 Key Reasons:

1. Looming economic & political uncertainty

2. Increasing central bank demand

3. Rising National Debt - over $36 Trillion

So, could gold surge even higher?

According to a recent statement from Jeffrey Gundlach, famed American business man and investor… “Gold continues its bull market that we’ve been talking about for a couple of years, ever since it was down to $1,800.” He expects gold to reach $4,000/oz.

Is it time you learn more about precious metals?

Get all the answers in your free 2025 Gold & Silver Kit. Plus, if you request your free kit today, you could qualify for up to 10% Instant Match in Bonus Silver*.

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_{*Offer valid on qualified orders of Goldco premium products only. Receive up to 10% in free silver based on purchase amount; cannot be combined with other offers. Additional terms apply—see your customer agreement or contact your representative for details.}

Lockheed Martin DCF Stock Analysis

Today I’ll make a stock analysis based on the Discounted Cash Flow Model.

Here’s my assumptions:

Risk Free Rate (10 Years Interest Rate Swap): 4.4224%

Risk Premium (Taken from the Aswath Damodaran equity premium spreadsheet): 4.33%

Interest Rate Spread on The Risk free rate ( For the cost of debt calculation): 4.5%

HISTORICAL DATA

Revenue growth in the last 10 years (CAGR): 5.77%

Earnings growth in the last 10 years (CAGR): 4%

Unlevered Free Cash Flow growth in the last 10 years (CAGR): 10.32%

FUTURE ASSUMPTIONS

End of Year FCF growth: 4%

Growth until end of 2026: 8%

Growth until end of 2034: 4%

Perpetual growth: 3%

Net Debt: 18.501B

Restricted Stock Units Present Value Assumption: 0.797B

Stock Valuation based on these assumptions: $742

Last update 05/18/2025

All the content in this newsletter should be taken as informational content only. THIS IS NOT FINANCIAL ADVICE! Do your own Due Diligence before investing or contact a professional financial advisor.

I don’t have a position in Lockheed Martin (LMT) and I don’t plan to add a position in the coming days.