9 Stocks on Jim Cramer’s Radar

3. TransDigm Group Incorporated (NYSE:TDG)

Number of Hedge Fund Holders: 69

A caller asked Cramer’s thoughts on TransDigm Group Incorporated (NYSE:TDG). Here’s what Mad Money’s host had to say in response:

“I like aerospace very much. Now my favorite though is, there’s no need to descend to TransDigm when you have GE, which reports tomorrow, and I think is a fantastic company that I’ve been thinking about for the Charitable Trust. I’ve been reluctant to add any names, though, as we’ve been taking off stock. We’re not oversold enough yet.”

TransDigm (NYSE:TDG) designs and manufactures highly engineered components used in aircraft, serving both commercial and military markets. The company also provides specialized parts and systems for non-aviation industries like heavy equipment and space systems. On April 17, Truist reduced its price target on TDG to $1,490 from $1,534 but maintained a Buy rating. The update was part of a broader Q1 preview for the Aerospace & Defense sector.

The firm pointed out that the start of earnings season comes with a lot of uncertainty, and management teams may not offer clear guidance for 2025. Concerns around tariffs and the possibility of a recession could weigh on the cyclical industry. Truist mentioned that investors may want to shift focus toward the more stable defense sector, especially with recent signs of increased defense spending.