Jim Cramer on Leidos: “Stock Is in Freefall, That Makes No Sense to Me”

Leidos Holdings, Inc. (NYSE:LDOS) was among the stocks Jim Cramer discussed on Mad Money, highlighting several companies with market caps over a trillion dollars. During the lightning round, when a caller asked about the stock, Cramer commented:

This stock is in freefall. That makes no sense to me. I think it does a lot of good security stuff, but that’s what happens. It doesn’t have any sponsorship. I say buy.

Photo by AlphaTradeZone

Leidos Holdings, Inc. (NYSE:LDOS) provides technology, software, and engineering services to government and commercial clients. The company’s work includes national security and defense systems, digital modernization, air traffic and health software, cargo and checkpoint security scanners, and power grid engineering. A caller asked for Cramer’s thoughts on the stock during the episode aired on May 28, 2025. The Mad Money host replied:

Leidos, I like it. You know, look, I am worried that the defense budget may be cut, but this is homeland security. I think it’s a good opportunity. The stock’s come down a great deal. Let’s pull the trigger.

It is worth noting that since the above comment was aired, the company’s stock is down by over 14%.

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