Jim Cramer Says This Tech Stock Is Up 40% For The Year: It Is A ‘Great’ Company
Jim Cramer praises KLA Corp but warns of high P/E ratio. UBS maintains Neutral rating. Cramer recommends buying Applied Materials.
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With this order, the current Optex backlog is in excess of $28.3 million.
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Jim Cramer praises KLA Corp but warns of high P/E ratio. UBS maintains Neutral rating. Cramer recommends buying Applied Materials.
Six months into the Iran war, stocks have rebounded while oil, food and travel costs remain elevated.
Boeing and General Dynamics are both benefiting from increased global defense spending and military modernization. Boeing's defense revenues rose 13% to $7.48 billion with an $85 billion backlog, while General Dynamics booked $20 billion in orders with a $186.9 billion estimated contract value. However, General Dynamics is recommended as the better investment choice due to its superior debt management (21.89% debt-to-capital vs Boeing's 88.24%) and stronger recent price performance (+4.2% vs -8.6% over six months).
Elizabeth Warren said defense contractors should stop buybacks and dividends after the top five companies spent over $100 billion since 2020.
Optex Systems Holdings, Inc. (NASDAQ:OPXS), a leading manufacturer of precision optical sighting systems for domestic and worldwide military and commercial applications, announced today it has been awarded a new