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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.”

Image Credit: Pixabay

While we acknowledge the risk and potential of LHX as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than LHX and that has 10,000% upside potential, check out our report about this cheapest AI stock.

READ NEXT: 33 Stocks That Should Double in 3 Years and 15 Stocks That Will Make You Rich in 10 Years.

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