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Stock impact report

5 Stocks to Buy Now That The Strait of Hormuz is Closed [Yahoo! Finance]

Lockheed Martin Corporation (LMT) 
Last lockheed martin corporation earnings: 4/21 07:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
triggering a military response that has effectively shut down the world's most critical energy corridor. The Strait of Hormuz, through which roughly 20% of global oil supply and 30% of seaborne LNG flows every single day, is, for all practical purposes, closed. Brent crude is now sitting above $100… Qatar declared force majeure on its LNG exports , wiping out roughly 20% of global LNG supply in a single announcement… Saudi Aramco's Ras Tanura refinery and export terminal has shut down …. And more than 200 vessels are anchored outside the Strait, unable to move. So where's the money going? If you're reading this and thinking about buying Big Oil or Lockheed, it's already too late: Northrop Grumman is up nearly 7% in just a few weeks. Shell is up over 12% since mid-February. Lockheed Martin hit an all-time high of $676. The first wave of buying opportunities has already happened. And now, we're entering the second wave. Not oil majors. Not defense primes. Here Show less Read more
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