Jim Cramer on Lockheed Martin: "You Stay Long"

Lockheed Martin Corporation (NYSE:LMT) is one of the 14 stocks Jim Cramer recently shared insights on. During the episode, a caller asked whether to reposition their holding in the stock, and in response, Cramer said:

“I like Lockheed Martin too much to tell you to do that. Every time I see Jim Taiclet, I say to myself, why does anyone want to sell that stock with a 3% yield and a great book of business and a terrific CEO? No, you stay long, Lockheed Martin.”

Lockheed Martin (NYSE:LMT) focuses on designing, developing, and producing advanced technology systems, products, and services for the defense and space industries. On May 14, when Cramer was asked about the company, he remarked:

“Okay, so Jim Taiclet runs this company, and he’s a terrific, honorable, good guy. It now yields almost 3%. You can say, well, that doesn’t compensate, but it only sells for 16 times earnings. I think Lockheed Martin, you start a position right here. I would have no problem buying a stock that Jim Taiclet is in charge of and that… sells for only 16 times earnings.”

While we acknowledge the potential of LMT as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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