Jim Cramer says investors should have these four defense stocks on their shopping lists

Jim Cramer says investors should have these four defense stocks on their shopping lists


CNBC’s Jim Cramer said Thursday that he’s bullish on the defense industry and has four stocks in mind that he believes are investable.

“There’s at least one industry that’s booming right now, and it will keep booming regardless of what happens with the [Federal Reserve] in particular or U.S. economy in general. I’m talking about the defense industry, which is on fire,” the “Mad Money” host said.

“The Russian invasion of Ukraine is a game-changer for the defense industry and you’d really have to be clueless not to notice,” he later added.

Here is Cramer’s list of four investable defense stocks:

  1. Raytheon
  2. Lockheed Martin
  3. AeroVironment
  4. Northrop Grumman

Cramer also noted that the iShares US Aerospace & Defense ETF and the Invesco Aerospace & Defense ETF have year-to-date declines of around 4% and 5%, respectively, while the S&P 500 has plunged around 18%.

“This is just the beginning. If the defense contractors can hold up this well during the worst tape in years, I bet they can soar when the market gets a little less hostile,” he said.

He added that the United States and countries in Europe will likely look to invest more in defense. 

The U.S., which on Thursday passed a $40 billion security assistance package for Ukraine, will have to spend to replenish its own stockpiles of military equipment while continuing to send aid to the warring country, Cramer said.

Citing Sweden’s and Finland’s recently launched bids to join NATO, Cramer predicted that the two countries will have to increase their military spending.

“If Sweden and Finland do join, they’ll have to substantially boost their defense spending as part of their treaty obligations – but then again they’d probably do it anyway given that they live right next door to Russia,” he said.

Sign up now for the CNBC Investing Club to follow Jim Cramer’s every move in the market.

Disclaimer

Questions for Cramer?
Call Cramer: 1-800-743-CNBC

Want to take a deep dive into Cramer’s world? Hit him up!
Mad Money TwitterJim Cramer Twitter – Facebook – Instagram

Questions, comments, suggestions for the “Mad Money” website? [email protected]





Source

Restaurants are adding dozens of new spicy menu items in a bid for younger diners
Business

Restaurants are adding dozens of new spicy menu items in a bid for younger diners

Chipotle Mexican Grill’s new Adobo Ranch dip Source: Chipotle Mexican Grill Restaurant brands are hoping hot new menu items will drive visits among younger costumers. Hot, in this case, is literal. Spicy items like chicken sandwiches, seasoned sides and sauces are cropping up more often on menus at major fast-casual and quick-service chains. The idea […]

Read More
Why Black entrepreneurs flock to Martha’s Vineyard every August
Business

Why Black entrepreneurs flock to Martha’s Vineyard every August

Sign at Martha’s Vineyard Airport, Massachusetts Cindygoff | Istock | Getty Images Martha’s Vineyard has long been a summer vacation destination for Black families, but August in the Massachusetts beach community is becoming an important hub for Black entrepreneurs, investors and financial firms, too. “I would say the magic of it is really about introducing […]

Read More
Startup Trunk Tools is using AI to reduce construction errors and waste
Business

Startup Trunk Tools is using AI to reduce construction errors and waste

A worker inside a residential building under construction in the Las Palmas neighborhood of Medellin, Colombia, on Wednesday, July 16, 2025. Esteban Vanegas | Bloomberg | Getty Images A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate […]

Read More