8 Stocks on Jim Cramer’s Radar

5. Lockheed Martin Corporation (NYSE:LMT)

Number of Hedge Fund Holders: 58

When a caller asked Cramer about Lockheed Martin Corporation (NYSE:LMT), L3Harris, RTX, and Northrop Grumman, he said:

“Lockheed Martin is a stock that frankly has come down so much that it’s getting hard for me to dislike it with James Taiclet at the top. However, I think the administration is far more focused on the idea of a Palantir-like solution to procurement and that would be very bad for all the companies you just mentioned. So I do not want to get in the way of the Palantir buzz saw because that’s very close to Elon Musk and that’s where I am.”

Lockheed (NYSE:LMT) is a worldwide leader in security and aerospace, specializing in the design, development, and production of cutting-edge technology systems, products, and services for the defense, aerospace, and space sectors. Over the past 12 months, LMT stock is up only over 5% while Palantir stock has gained more than 375%.