14 Stocks Jim Cramer Recently Shared Insights On

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2. Lockheed Martin Corporation (NYSE:LMT)

Number of Hedge Fund Holders: 68

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.”

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