Jim Cramer Discusses These 10 Stocks & Dissects President Trump’s China Tariffs

3. Northrop Grumman Corporation (NYSE:NOC)

Number of Hedge Fund Holders In Q3 2024: 48

Northrop Grumman Corporation (NYSE:NOC) is one of the biggest defense contractors in America. The firm makes a wide variety of weapons systems and products such as aircraft, IT systems, and spaceships. Northrop Grumman Corporation (NYSE:NOC)’s shares are up by a modest 4.8% over the past year as while the firm has benefited from some profit raises due to ongoing global conflicts, investors have also been wary of spending cuts spearheaded by Elon Musk and DOGE under the Trump administration. Cramer’s conflicts tied the cuts to Palantir:

“And I think that this is a central and existential attack, ultimately, not mentioned on the call, on the companies that run our Defense Department. Now I’m talking about . . . I’m talking Northrop Grumman. I would not want to be those companies after we, they should read this conference call [PALANTIR Q4 EARNINGS] because this company’s coming for them. Coming for them.”