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While weakness in the AI trade has taken hold of attention over the past month, several stocks have quietly shown a high level of relative strength, including Lockheed Martin LMT, Accenture ACN, and Nucor NUE.Zacks Investment Research Image Source: Zacks Investment Research Lockheed Martin Sees Record Backlog Lockheed Martin, a current Zacks Rank #2 (Buy), is a leading aerospace and defense company. Shares reacted strongly to its latest earnings release, with sales climbing 11% YoY to $20.7 billion and earnings up 14% to $1.8 billion. Importantly, the company exited the period with a record $292 billion backlog, reflecting solid demand visibility.
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