Lockheed Martin Corporation (NYSE:LMT) is one of them Stock looked at Jim Cramer. In response to a caller’s question about the stock, Cramer said:
Well, we know we have a difficult world. We know that they are a major supplier to the Ministry of Defence. We know that the Department of Defense doesn’t have enough weapons, so the answer is that Lockheed Martin is still the winner, even here.
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Lockheed Martin Corporation (NYSE:LMT) designs and maintains aircraft, missile systems and helicopters for government and military use. The company also manufactures satellites, submarines, and cyber security tools. Cramer praised the company’s CEO during the February 2 episode, as he noted:
Another, seventh best performer last month was Lockheed Martin, up 31%, a defensive play. What a difference a year makes. 12 months ago, Lockheed was in free fall with Wall Street fearing the Trump administration would cut defense spending. A year later, Elon Musk’s DOGE was dissolved, and the president demanded a 50% increase in the defense budget, so Lockheed caught fire. Last Thursday, the company … backed up its gains with an excellent quarter. I really liked their conference call. It is shown to beat the top and bottom line, and more importantly, the full year forecast. I wouldn’t be surprised if it’s already gone up a lot. Jim Ticklet is an amazing CEO. Yes, I really liked the fourth episode. You know, spend some time on it, just go through the page. really good
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