The Hot Stock: Lockheed Martin Tops S&P 500 With 7.4% Jump

Lockheed Martin ( LMT ) topped the S&P 500 today after beating earnings forecasts and raising its full-year guidance. Shares of Lockheed Martin jumped 7.4% to $249.26 today, even as the S&P 500 dropped 0.4% to 2,143.16. Lockheed Martin reported a profit from continuing operations of $3.27 a share , according to Thomson Reuters, easily topping forecasts for $2.77 a share. That, on its own, would not be enough to send Lockheed's shares up 7%. Citigroup's Jason Gursky explains what is: