Lockheed Martin (LMT) Stock Up After Jim Cramer Said It Could Be Bought

Published on March 26, 2026 at 2:33 pm by Ramish Cheema in News

Lockheed Martin Corporation (NYSE:LMT) is one of Jim Cramer’s Hottest Defense Technology Stock Picks.

Lockheed Martin Corporation (NYSE:LMT) is a crucial American defense contractor that is primarily responsible for manufacturing leading-edge stealth fighter aircraft. Its shares are up by 38% over the past year and by 32% since Cramer discussed the firm on Mad Money. The stock closed 10.8% lower on July 22nd on the day Lockheed Martin Corporation (NYSE:LMT) reported its second quarter earnings report. As part of the release, the firm posted $342 million in profit, which marked an 80% drop due to a $1.6 billion charge stemming from a classified aeronautics program. Lockheed Martin Corporation (NYSE:LMT)’s stock closed 4% higher on January 29th as it forecast 2026 profit and earnings higher than what analysts had expected. Here’s what Cramer said about Lockheed Martin Corporation (NYSE:LMT) in April 2025:

“I’ve been liking the defense stocks lately because if our trading partners want better treatment from the Trump administration, the traditional go-to move is to go buy some planes and go buy some military hardware. Northrop Grumman, RTX, and Lockheed Martin all report on Tuesday morning. I think each one can be bought.”