A 5.46% jump to $278.20 after the Q3 earnings beat and the Department of War equity stake news puts the defense contractor near the top of the group today. Moves this size are rare for a $51.8 billion name, so watch whether it holds into tomorrow's open.
Latest Activity
A 5.48% jump to $278.25 follows the Q3 earnings beat and the disclosed Department of War equity stake, a rare one-day move for a $51.8 billion defense prime. Watch whether the stake reframes how the market values government-linked backlog.
Backlog hit a record $53.2 billion, lifted by the $6.3 billion THAAD propulsion award. Management raised full-year GAAP EPS guidance to $12.25 to $12.35, and the sixth straight beat shows the missile defense surge already landing in results.
Mad Money w/ Jim Cramer 10/7/26
- Cramer splits the market in two: credit-dependent names like Caterpillar, Ford and IBM versus AI borrowers that price near Treasuries
- SpaceX seeking $40 billion to buy Nvidia chips at triple-B rating, while Paramount Skydance bondholders got hit at 8%
- Oracle flagged as the one data-center name still exposed to credit market scrutiny
- Caller advice: swap Western Digital into cheaper Micron; Vertiv the pick after GE Vernova on data center infrastructure
AI and data-center names no longer trade off Treasury auctions, so a weak auction hits the industrial and consumer side of your book while chip and power names sail through, with Oracle the named exception. On the calls, he pushed Micron over Western Digital and ranked Vertiv right behind GE Vernova on infrastructure.
LHX Coverage
LHX vs. NOC: Which Defense Dividend Will Actually Protect Your Retirement?
Both L3Harris and Northrop Grumman have cratered nearly 20% this year while raising guidance and growing their backlogs to record levels, which means one of these defense dividends is quietly becoming a…
3 Defense Stocks That Are Starting October Below Their 52-Week Highs
Defense budgets are surging toward record levels, yet three of America's biggest contractors enter October trading nowhere near their peaks. One of them just posted the largest earnings beat of the group,…
Here Are Monday’s Top Wall Street Analyst Research Calls: Applied Digital, Autodesk, Datadog, First Solar, L3Harris Technologies, PepsiCo, Roblox, Snowflake, TeraWulf and More
Pre-Market Stock Futures: Futures are trading lower as we enter the final trading days of the third quarter, after a wild week in which interest rates soared and oil prices bounced back…
US Running Low on the 2 Weapons It Would Need Most
A defense analyst warned that China may be watching gleefully as the Pentagon scrambles to restock two weapons classes critical to any future great-power fight. Four defense contractors sit at the center…
5 Elite Dividend Stocks Backed by America’s Massive Defense Budget
Defense contractors sell to a customer whose budget is written into law years in advance, and that single fact changes everything about how their dividends behave. Five names are quietly turning trillion-dollar…
“I Don’t Buy IPOs”: Veteran Investor Names 3 Profitable Space Stocks to Own Instead of SpaceX
A veteran investor openly admits he wants SpaceX shares but refuses to touch them, and his reasoning points to a risk most retail investors are completely overlooking before the stock even opens…
As Starlink Passes 11,000 Satellites, These 5 Stocks Will Feel It First
Washington just started writing checks specifically to prevent a Starlink monopoly in orbit, and five U.S.-listed stocks sit directly in the path of that money before the window closes.
Billionaire Investor David Tepper Just Exited 12 Stocks. These 5 Are the Most Surprising.
Appaloosa Management just walked away from 12 stocks, and the pattern hiding beneath the list suggests David Tepper is betting everything on a very short list of survivors.
SpaceX Rises 5% on Fresh Starlink Launch, Intuitive Machines Gains 3% Ahead of Earnings
A fresh Starlink launch and a surprise Morgan Stanley note are pulling SpaceX stock out of a steep selloff, while Intuitive Machines heads into earnings with options traders betting heavily on the…
Is Ondas in Play? Potential Acquirers Eye This Autonomous-Defense Specialist.
Ondas has quietly assembled a counter-drone, loitering munitions, and agentic-AI portfolio that looks more like a prime contractor's missing puzzle piece than a standalone small-cap. Four defense giants are sizing it up,…
Europe Announced the Rearmament. America’s Defense Fund Cashed the Checks
Europe's rearmament pledges sent investors rushing into European defense funds, but the contracts landed somewhere else entirely, and the performance gap between two nearly identical bets tells the story.
If You’d Invested $10,000 In Lockheed Martin When The Iran Conflict Started, Here’s How Much You’d Have Now
Defense stocks are supposed to surge when conflict breaks out, yet Lockheed Martin investors who bought in on the first day of the Iran war got a painful education in why geopolitics…
Forget Pouring Everything Into the SpaceX IPO. This Fund Spreads the Space Bet and Is Up 46% in a Year
The ARK Space Exploration & Innovation ETF (CBOE:ARKX) has become a popular parking spot for investors seeking space exposure without waiting for the SpaceX IPO. With Elon Musk’s rocket company reportedly headed toward a…
Top National Security Investor: Missile Production Is About to Explode as U.S. Rebuilds Arsenal
Tony Bancroft, portfolio manager at Gabelli Funds and head of the firm’s commercial aerospace and defense ETF, argued in a recent CNBC segment that U.S. missile and aircraft production is on the…
U.S. Military Expert Issues Grave Warning: ‘We Need More Munitions, and Deliveries Are Years Behind.’ What Stocks Can Benefit?
On CNBC’s June 18, 2026 segment, Tara Murphy Dougherty, CEO of Air (recently rebranded from Govini), delivered a blunt diagnosis of America’s defense-industrial posture. “There’s a lot of pressure on defense companies…