General Dynamics (GD) Should Be a Buy Amidst Iran War, Says Jim Cramer

Published on April 16, 2026 at 12:44 pm by Ramish Cheema in News

We recently published Jim Cramer Said Allbirds Management Are “Jokers” & Discussed These 18 Stocks. General Dynamics Corporation (NYSE:GD) is one of the stocks discussed by Jim Cramer.

General Dynamics Corporation (NYSE:GD) is a major defense contractor that makes and sells items such as submarines and combat vehicles. Its shares are up by 22.6% over the past year and are down by a percent year-to-date. Banking giant Wells Fargo initiated coverage of General Dynamics Corporation (NYSE:GD)’s stock on April 1st. It set an Overweight rating and a $400 share price target for the firm. Wells Fargo pointed out that the defense contractor appeared to be turning its business around and added that tailwinds in the business jet, shipbuilding, and vehicle demand could help the firm. A day later, on the 2nd, Citigroup adjusted General Dynamics Corporation (NYSE:GD)’s share price target as it reduced it to $380 from $389. Earlier, on February 1st, Jefferies had increased the share price target to $385 from $360 and maintained a Hold rating on the shares. The bank outlined that General Dynamics Corporation (NYSE:GD)’s latest earnings report had factored into its coverage. Cramer discussed the firm after co-host Carl Quintanila brought up reports of Tomahawk missile supplies being low:

“Someone actually trimmed numbers, General Dynamics today. Well they’re not part of the scrum, but when I read that I said well we have to rebuild everything and these stocks should just be a buy, and a buy, and a buy. And you come back and say, does anyone other than Cemblest know this stuff?”