We recently published an article titled Jim Cramer Says Businesspeople Are Emotional & Discusses These 10 Stocks.In this article, we are going to take a look at where L3Harris Technologies, Inc. (NYSE:LHX) stands against the other stocks Jim Cramer recently discussed. In a recent appearance on CNBC's Squawk on the Street, Jim Cramer discussed the unease among business people regarding the President attempting to fire Federal Reserve Chair Jerome Powell. While the President has assured everyone that he will not try to remove the Fed chair, Cramer commented that the potential removal along with the tariff policy had created a lot of uncertainty amongst businesses. Starting with commenting on the Dow dropping 1,000 points before the open but attempting to rally at the previous close, Cramer stated: "Actually, that was a really interesting turn. Because no one could figure it out. It was almost as if somebody knew that the President was going to go, now I follow his Truth Social, like I go there like every five minutes. That there wasn't going to be anything today. Uh, there is a belief I think among the executives I speak to and obviously we all speak to a lot of execs, that the President is so off the reservation with this attack on J Powell that, they're not able to really speak about it." With markets being in a constant state of turmoil recently, it's unsurprising that Cramer has commented on their performance quite a lot. In a previous appearance, he advised viewers to be optimistic. One major factor that's driving stocks lower is investor perception of a weakening consumer. However, Cramer has pointed out multiple times that the consumer appears to be strong. For instance, earlier this month, he commented: “I think that the agri-consumer, as long as they have jobs, yes. I don’t think they sit there and say, you know what, there’s coming tariff, I’m going to just disappear. Now you can see these numbers are pulled through. I don’t buy that." Story Continues In another appearance, Cramer shared data from the latest earnings call of one of America's largest card issuers and travel services providers to paint a bright picture of the consumer: "Uh, I am talking about numbers which by the way include, and we’ve got first twelve days of this month. Steve Squeri going over things, you’re talking about, restaurant spending up 8%, lodging up 6%, goods up 7%, card membership, obviously more and more tremendous numbers have increased. 3.4 million. David, this is as good a quarter if you had to say anything, you would say that the consumer is on fire actually." Our Methodology To make our list of the stocks that Jim Cramer talked about, we listed down the stocks he mentioned during CNBC’s Squawk on the Street aired on April 22nd. For these stocks, we also mentioned the number of hedge fund investors. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).Is L3Harris Technologies, Inc. (LHX) the Best Value Dividend Stock to Invest in According to the Media? A military jetfighter against a deep blue sky with the sun behind it. L3Harris Technologies, Inc. (NYSE:LHX) Number of Hedge Fund Holders In Q4 2024: 48 L3Harris Technologies, Inc. (NYSE:LHX) is one of the biggest defense contractors in America. In his previous comments about the firm, Cramer has remarked that L3Harris Technologies, Inc. (NYSE:LHX) benefits from its technological strengths particularly as the Trump administration seeks to reduce government spending. The firm's shares have gained a modest 4% year-to-date while some of its peers are either in the red or have gained less than a percentage point. Here are Cramer's latest thoughts about L3Harris Technologies, Inc. (NYSE:LHX): "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." Overall LHX ranks 10th among the stocks Jim Cramer recently discussed. While we acknowledge the 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. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than LHX but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires Disclosure: None. This article is originally published at Insider Monkey. View Comments
Jim Cramer on L3Harris Technologies, Inc. (LHX): ‘I Think You Gotta Buy There’
You are reading a free article with opinions that may differ from the recommendation given by Kalkine in its paid research reports. Become a Kalkine member today to get access to our research reports, in-depth technical and fundamental research.
Start Your Free Trial Now!Not sure where to invest today?
Kalkine’s latest research highlights three companies identified through in-depth analysis and market insights.
Explore these research reports to learn about companies currently being tracked by our analysts and make more informed investment decisions.
View 3 Research ReportsThis information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on ‘as is’ basis, using their API. The information and data provided on this page, as well as via the API, are not guaranteed to be real-time or accurate. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general informational purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine does not assume any responsibility for any trading losses you might incur as a result of using this information, data, or any analyst rating or recommendation provided. Kalkine will not accept any liability for any loss or damage resulting from reliance on the information, including but not limited to data, quotes, charts, analyst ratings, recommendations, and buy/sell signals sourced via the API.
Please be fully informed about the risks and costs associated with trading in the financial markets, as it is one of the riskiest forms of investment. Kalkine does not provide any warranties regarding the information on this page, including, without limitation, warranties of merchantability or fitness for a particular purpose or use.
Please wait processing your request...