Jim Cramer Says Businesspeople Are Emotional & Discusses These 10 Stocks

2. RTX Corporation (NYSE:RTX) 

Number of Hedge Fund Holders In Q4 2024: 80

RTX Corporation (NYSE:RTX) is a diversified American defense contractor that makes engines, missiles, satellites, and other products. Its shares are up by a modest 3.7% year-to-date as they sank by 9.8% after the firm’s latest earnings. The results saw RTX Corporation (NYSE:RTX) was blunt in its earnings as it declared that President Trump’s tariffs could reduce its 2025 earnings by a whopping $850 million. Cramer wondered whether the firm was too honest in its earnings:

“You go to RTX, really great company, and they say, look, we could have some demand destruction. On tariffs. And it’s like, ooh, wow, the number’s coming down. And uh level of what I regard as refreshing honesty is not as well received as I expect.”

“RTX said look there could be demand destruction. You are not allowed to say demand destruction. . .how could you say that? Don’t forget that RTX is really on the firing line because . . the government’s gonna pull all the support for Ukraine. Now it is true that I think Europe will go and buy the stuff from RTX. But I don’t think a lot of people understand that the United States has stopped buying the missiles for Ukraine. And that’s in part because I think there’s a new level of neutrality between the two countries.”