Jim Cramer Highlights That He Has Liked Elbit Systems "For a Couple of Decades"

Elbit Systems Ltd. (NASDAQ:ESLT) is one of the stocks on Jim Cramer’s radar. During the lightning round, when a caller asked about the stock, Cramer said:

“I mean, the stock is just a straight up stock, and I like it. I definitely don’t like a foreign stock defense because it’s harder to get a read on, but that company is very good. I’ve liked it actually for, for a couple of decades.”

Elbit Systems Ltd. (NASDAQ:ESLT) designs and delivers defense, homeland security, and commercial aviation technologies. The company’s solutions include airborne platforms, unmanned systems, precision munitions, C4ISR solutions, cyber intelligence, naval and electronic warfare systems, and land-based military platforms. On August 13, it declared a $0.75 per share quarterly dividend, payable by October 27 to the shareholders of record on October 14. Elbit Systems Ltd. (NASDAQ:ESLT) has a dividend yield of 0.62% as of September 8.

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Disclosure: None. This article is originally published at Insider Monkey.