Jim Cramer Says “If the War’s Over, We’re Not Going to Want to Own Lockheed”

Lockheed Martin Corporation (NYSE:LMT) is one of Jim Cramer’s stock calls while he discussed the confusion surrounding the Trump-Iran conflict. Noting that President Trump recently talked about awarding “huge orders” to the company, a caller asked if the stock is a buy, and Cramer replied:

Oh no, Lockheed is, if the war’s over, we’re not going to want to own Lockheed. The President seemed to indicate the war’s kind of over. So let’s leave it at that.

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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. A caller asked about the stock during the March 2 episode, and Cramer responded:

Okay, we know we have a difficult world. We know that they are a big supplier to the defense department. We know the defense department doesn’t have enough weapons, so the answer is Lockheed Martin is still a winner, even up here.

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