Reported 1 day ago
In a recent episode of Mad Money, Jim Cramer expressed confidence in purchasing Lockheed Martin (LMT), highlighting its reasonable valuation at 16 times earnings and a dividend yield of nearly 3%. He praised CEO Jim Taiclet, describing him as a 'terrific, honorable, good guy'. Cramer also discussed the broader drug distribution sector's challenges but emphasized that Lockheed Martin positions well in the current market.
Source: YAHOO