Well I could see a portion of your portfolio in beaten down dividend paying stocks. They just may do well over the long term.
For those recommending Lockheed Martin their logic goes like... We need defense since we are at war, therefore this stock just may be a fabulous deal.
They may be right, of course. But then again we just may see some budget sanity going forward and some just may suggest - What do we need all this defense crap for ? In that case Lockheed gets punished. Therefore is some risk to buying stocks like Lockheed.