Jim Cramer on Lockheed Martin's CEO: 'I Know He is Going to Figure This Out'
'Look, I know Jim Taiclet. I know he is going to figure this out, but everybody tells me, every single research note told me that you have to buy Northrop Grumman… when it comes to the weapon, the big defense procurement. And I still like AeroVironment, AVAV, I mean, it was AVAV… he broke the story, Nawabi broke the story about why things were so great there, and that stock is up about 90 points since he came on the show, and I'm sticking by it.'
Jordan Tan / Shutterstock.com
Lockheed Martin (NYSE:LMT) develops aerospace, defense, and security technologies across air, land, sea, and space. The company's products include combat aircraft, missile systems, space solutions, and integrated mission technologies.
While we acknowledge the potential of LMT as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.
Disclosure: None. This article is originally published at Insider Monkey.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
a few seconds ago
- Yahoo
Is Wesfarmers Limited's (ASX:WES) Latest Stock Performance Being Led By Its Strong Fundamentals?
Most readers would already know that Wesfarmers' (ASX:WES) stock increased by 6.8% over the past three months. Given that the market rewards strong financials in the long-term, we wonder if that is the case in this instance. Particularly, we will be paying attention to Wesfarmers' ROE today. ROE or return on equity is a useful tool to assess how effectively a company can generate returns on the investment it received from its shareholders. Simply put, it is used to assess the profitability of a company in relation to its equity capital. Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. How Is ROE Calculated? The formula for return on equity is: Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity So, based on the above formula, the ROE for Wesfarmers is: 29% = AU$2.6b ÷ AU$9.0b (Based on the trailing twelve months to December 2024). The 'return' is the income the business earned over the last year. Another way to think of that is that for every A$1 worth of equity, the company was able to earn A$0.29 in profit. Check out our latest analysis for Wesfarmers What Has ROE Got To Do With Earnings Growth? So far, we've learned that ROE is a measure of a company's profitability. Depending on how much of these profits the company reinvests or "retains", and how effectively it does so, we are then able to assess a company's earnings growth potential. Assuming everything else remains unchanged, the higher the ROE and profit retention, the higher the growth rate of a company compared to companies that don't necessarily bear these characteristics. A Side By Side comparison of Wesfarmers' Earnings Growth And 29% ROE Firstly, we acknowledge that Wesfarmers has a significantly high ROE. Additionally, the company's ROE is higher compared to the industry average of 8.7% which is quite remarkable. This likely paved the way for the modest 7.6% net income growth seen by Wesfarmers over the past five years. As a next step, we compared Wesfarmers' net income growth with the industry and found that the company has a similar growth figure when compared with the industry average growth rate of 6.7% in the same period. Earnings growth is an important metric to consider when valuing a stock. It's important for an investor to know whether the market has priced in the company's expected earnings growth (or decline). This then helps them determine if the stock is placed for a bright or bleak future. Is Wesfarmers fairly valued compared to other companies? These 3 valuation measures might help you decide. Is Wesfarmers Making Efficient Use Of Its Profits? While Wesfarmers has a three-year median payout ratio of 88% (which means it retains 12% of profits), the company has still seen a fair bit of earnings growth in the past, meaning that its high payout ratio hasn't hampered its ability to grow. Moreover, Wesfarmers is determined to keep sharing its profits with shareholders which we infer from its long history of paying a dividend for at least ten years. Upon studying the latest analysts' consensus data, we found that the company is expected to keep paying out approximately 88% of its profits over the next three years. Therefore, the company's future ROE is also not expected to change by much with analysts predicting an ROE of 33%. Conclusion Overall, we are quite pleased with Wesfarmers' performance. We are particularly impressed by the considerable earnings growth posted by the company, which was likely backed by its high ROE. While the company is paying out most of its earnings as dividends, it has been able to grow its earnings in spite of it, so that's probably a good sign. On studying current analyst estimates, we found that analysts expect the company to continue its recent growth streak. Are these analysts expectations based on the broad expectations for the industry, or on the company's fundamentals? Click here to be taken to our analyst's forecasts page for the company. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data


Business Wire
a minute ago
- Business Wire
Cinelease Acquired by Zello to Power the Next Era of Global Film & TV Production
LOS ANGELES--(BUSINESS WIRE)-- Zello, a private investment platform focused on scaling exceptional businesses in the broader entertainment industry, announced today that it has acquired Cinelease, a market leader in lighting and grip rentals, from Herc Rentals (NYSE: HRI). The transaction marks a defining move in Zello's strategy to support the infrastructure behind content creation — and power the future of global film and television production. For over 45 years, Cinelease has been a trusted name in production support— renowned for its reliability, deep industry relationships, and service-first mindset. Under Zello's ownership, the company will continue to be led by industry veterans Mark Lamberton, Chris Rogers, and Gannon Murphy. Built on core values of responsiveness, dependability, and drive, Cinelease offers a robust inventory of lighting and grip equipment and serves as the professional manager of studio facilities owned by leading real estate investors. With operations spanning every major production hub in the U.S. and Canada, Cinelease supports thousands of film, television, and commercial productions annually through its integrated studio and equipment offerings. Cinelease will operate as a standalone, privately held company backed by Zello's experienced team. With decades of operational expertise across studio management, equipment logistics, and production infrastructure, Zello will support Cinelease in deepening its market presence while remaining aligned with the needs of filmmakers and crews. This transition positions the company for disciplined expansion and reinforces its commitment to delivering world-class lighting, grip, and studio solutions. 'Cinelease is built on trust—and a team that studios, crews, and producers have relied on for decades,' said Louis Dargenzio, CEO of Zello. 'This acquisition is about honoring that legacy while leaning into the future. We believe in this team, we believe in this brand, and we believe in the entertainment industry. We're excited to drive innovation and growth for our studio and production partners.' 'This marks an exciting new chapter for Cinelease,' said Mark Lamberton, President of Cinelease. 'We're a company built on service, relationships, and delivering when it counts—led by people with a deep understanding of what it takes to make it happen. Zello brings deep respect for our foundation and the operational scale to help us go even further for the entertainment community. Together, we'll keep raising the bar for production support across North America.' Zello was advised by Proskauer Rose LLP as legal counsel, EY as accounting advisor, and American Discovery Capital as financial advisor. Financing for the transaction was provided by MidCap Financial, a leading middle-market lender owned and managed by Apollo Global Management. Herc was advised by Sidley Austin LLP on legal matters and Goldman Sachs on financial matters. MidCap Financial was advised by Paul Hastings LLP on legal matters. About Cinelease Founded in 1977, Cinelease is one of the most trusted names in production support—recognized for its reliability, deep industry relationships, and unwavering commitment to service. With operations across every major production hub in the U.S. and Canada, Cinelease supplies lighting and grip rentals, expendables, and sound stages to thousands of film, television, and commercial productions each year. Cinelease also serves as the professional manager of studio facilities owned by leading real estate investors, offering an integrated platform that combines best-in-class equipment and scalable studio solutions. Its foundation is built on responsiveness, dependability, and drive—delivered by a deeply experienced team with an average tenure of over a decade. From humble beginnings as a mom-and-pop operation to its evolution as an industry leader, Cinelease has remained true to its service-first ethos. Its culture is rooted in loyalty, collaboration, and a passion for supporting storytellers at every stage of production. About Zello Zello is a next-generation investment platform where capital, creativity, and operational excellence converge. With core focus areas in content, high-growth businesses, and infrastructure, Zello builds, owns, and scales companies that power industries—starting with entertainment and expanding beyond. Through an integrated approach, Zello combines disciplined investment, physical assets, and seasoned operating talent to scale proven models and back bold ideas. The platform is purpose built to help exceptional teams unlock long-term value and build enduring businesses. Rooted in deep industry experience, Zello supports companies through every stage of growth— aligning vision with execution to create lasting impact.


The Hill
a minute ago
- The Hill
Kevin O'Leary on Trump's BLS firing: ‘Don't shoot the messenger'
'Shark Tank' investor Kevin O'Leary on Friday criticized President Trump for proposing the Bureau of Labor Statistics (BLS) head be fired after reporting a decline in job growth. Hours before his comments, Trump slammed Commissioner Erika McEntarfer in a Truth Social post alleging she altered job reports to favor former Vice President Harris during the November election and said he'd given his team orders to dismiss the Biden appointee 'IMMEDIATELY.' Her departure comes three years ahead of schedule. 'We had a bad print on jobs. I did not agree on whacking the commissioner. I don't like that,' O'Leary said during a Friday appearance on CNN. 'Whacking statisticians makes no sense whatsoever. You don't shoot the messenger,' he added. O'Leary has been relatively supportive of Trump's policies, including his unprecedented global trade negotiations in recent days. However, he said there's some uncertainty surrounding markets due to outstanding deals with major U.S. partners. 'I think the market is a little concerned about major trading partners not getting deals yet. It's not a good idea to have 35 percent tariffs on Canada. We know that that's coming into place at midnight right now unless something magic happens,' O'Leary told anchor Kasie Hunt. 'So with this volatility, it's more about future earnings. But a lot of this stuff, including the trade print or the job print noise, just noise. You don't make decisions based on one print,' he added. Friday's job report touted the creation of 73,000 jobs but also lowered previously reported numbers from job growth in May and June by 200,000 citing a substantially reduced statistic than originally published. Trump slammed McEntarfer for the errors. 'Important numbers like this must be fair and accurate, they can't be manipulated for political purposes. McEntarfer said there were only 73,000 Jobs added (a shock!) but, more importantly, that a major mistake was made by them, 258,000 Jobs downward, in the prior two months,' the president wrote. 'Similar things happened in the first part of the year, always to the negative. The Economy is BOOMING under 'TRUMP'…' he added. However, onlookers critiqued the president for slamming the BLS commissioner for the shortcomings. 'President Trump is once again destroying the credibility of our government by firing expert and nonpartisan officials because he does not like the facts that they present,' said Max Stier, the CEO of the nonpartisan Partnership for Public Service told NBC News. 'Governments that go down this path find themselves in ugly territory very quickly.'