L3Harris (LHX) Stock Up Significantly After Jim Cramer Recommended Buying The Shares

L3Harris Technologies, Inc. (NYSE:LHX) is one of Jim Cramer’s Hottest Defense Technology Stock Picks.

L3Harris Technologies, Inc. (NYSE:LHX) provides reconnaissance services, communication equipment, and other products and services to the defense sector. The shares are up by 64% over the past year and by 60% since Cramer discussed the firm in April on Squawk on the Street. The firm’s shares closed 3.8% higher on February 28th, on the same day that it announced that it would hike its quarterly dividend to $1.20 from an earlier $1.16. However, L3Harris Technologies, Inc. (NYSE:LHX)’s shares had closed 3.7% lower on January 29th when it reported its fiscal fourth quarter earnings. The results saw the firm post $5.65 billion in revenue and $2.86 in earnings per share to beat analyst EPS estimates of $2.76 but miss the revenue estimate of $5.77 billion. On October 30th, 2025, L3Harris Technologies, Inc. (NYSE:LHX)’s stock had closed 3% higher on the day that the firm reported its fiscal third quarter earnings. The results saw the firm post $4.92 billion in revenue to beat analyst estimates of $4.76 billion and raise full year revenue and earnings guidance to $19.2 billion and $19.4 billion and $12.25 to $12.45 per share over the previous estimates of $18.0 billion and $18.3 billion on earnings of $12.25 to $12.55 per share. Here’s what Cramer had said about the firm in April 2025:

“L3Harris, I think you gotta buy there. Because L3Harris is, there’s a lot of that that is science and tech. And I like L3Harris. . .I think down here it’s a really good stock.”

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