Jim Cramer Discussed These 19 Stocks and Market Shortages

11. Lockheed Martin Corporation (NYSE:LMT)

Number of Hedge Fund Holders: 68

Lockheed Martin Corporation (NYSE:LMT) is one of the stocks Jim Cramer discussed, along with market shortages. Noting that defense contractor companies are good long-term investments and offer “reasonable dividends,” a club member asked for a recommendation. Cramer replied:

You’re right. I like… AeroVironment. I like Lockheed Martin. I’ve always been confused about whether to get into what I guard as the hornet’s nest of the president saying that they can’t buy back stock or they can’t pay dividends. Too hard for me. But those are the two that I think still work… [AVAV] I’ve liked since 78. Lockheed Martin, I’ve liked since James Taiclet came there from American Tower.

Lockheed Martin Corporation (NYSE:LMT) designs and maintains aircraft, missile systems, and helicopters for government and military use. The company also produces satellites, naval vessels, and cybersecurity tools. When a caller asked about the stock during the July 24, 2025, episode, Cramer responded that he is “sticking by it.” The Mad Money host stated:

Look, I know Jim Taiclet. I know he is going to figure this out, but everybody tells me, every single research note told me that you have to buy Northrop Grumman… when it comes to the weapon, the big defense procurement. And I still like AeroVironment, AVAV, I mean, it was AVAV… he broke the story, Nawabi broke the story about why things were so great there, and that stock is up about 90 points since he came on the show, and I’m sticking by it.

It is important to note that since the above comments were aired, Lockheed Martin Corporation’s (NYSE:LMT) stock is up over 40%.