Northrop Grumman (NOC) Stock Up After Jim Cramer Said It Could Be Bought

Published on March 26, 2026 at 2:34 pm by Ramish Cheema in News

Northrop Grumman Corporation (NYSE:NOC) is one of Jim Cramer’s Hottest Defense Technology Stock Picks.

Northrop Grumman Corporation (NYSE:NOC) is one of the largest defense contractors in America. The firm makes and sells equipment such as aircraft, radars, and missile defense systems. Northrop Grumman Corporation (NYSE:NOC)’s shares are up by 37% over the past year and by 25% since Cramer discussed the firm on Mad Money. Northrop Grumman Corporation (NYSE:NOC)’s shares closed 12.7% lower on April 22nd, 2025, on the day the firm reported its fiscal first quarter earnings report. The results saw the firm post $6.06 in profit per share, which missed analyst estimates of $6.26. As part of the release, Northrop Grumman Corporation (NYSE:NOC) outlined that it had incurred losses on its B-21 stealth bomber program that led it to cut its annual profit per share guidance to $24.95 and $25.35 from an earlier 27.85 to $28.25. The shares closed 6% higher on March 2nd after the US started its military operation in Iran. Cramer was quite optimistic about Northrop Grumman Corporation (NYSE:NOC) 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.”