Jim Cramer Recently Talked About These 15 Stocks

4. RTX Corporation (NYSE:RTX) 

Number of Hedge Fund Holders: 80

Cramer said he still likes RTX Corporation (NYSE:RTX), which is the second largest of the four aerospace companies he discussed. However, he noted that the market reacted less positively to it compared to others. He added:

“As with GE, RTX had a solid earnings beat for the first quarter and unlike GE, they were able to pair that with a solid revenue beat. Also, like GE, RTX reiterated its full-year forecast, but there was a catch. The company said explicitly that their outlook did not incorporate the impact of the recently enacted tariffs. Did not. Now, there’s a world of difference between these two forecasts, then. Reiterating your guidance without baking into the tariffs is a de facto guide down. On the conference call, management went into detail about the impact of tariffs. They’re talking about a potential $850 million hit to profits from the tariffs already in place.

And then management added that these estimates don’t include secondary tariff-related impacts, such as changes to customer demand. These secondary impacts are also pretty important too. Personally, I like the first quarter numbers from RTX, and I applaud management for their transparency. But boy, oh boy, the market did not agree with that. RTX saw its stock fall $12 and 37 cents, nearly 10%, in response to the quarter this morning. Wow. I gotta tell you, I’m all over this one. I think there’s more to it than that.”

RTX (NYSE:RTX) supplies systems and services built for commercial, military, and government purposes. The company works on aircraft engines, aerospace tech, and threat detection tools.