We recently published 10 Stocks Jim Cramer Talked About As He Said Everyone Won From Trump’s Japan Deal. General Dynamics Corporation (NYSE:GD) is one of the stocks Jim Cramer recently discussed.
General Dynamics Corporation (NYSE:GD) is a defense contractor that operates in the air, water, and land domains. Its shares have gained 21% this year and jumped by 6.5% in July after the firm’s second-quarter earnings report. The results saw General Dynamics Corporation (NYSE:GD)’s $13 billion in revenue beat analyst estimates of $12.37 billion and its EPS of $3.74 significantly surpass estimates of $3.53. Cramer rarely discusses the firm, and his comments about it this time were part of a broader segment of remarks for the defense industry, where he praised RTX over Lockheed Martin and Northrop Grumman for its worldwide sales:
“General Dynamics, good number.”
One key aspect of General Dynamics Corporation (NYSE:GD)’s latest earnings was its record backlog of $103.7 billion, which generates insight into future cash flow. Here’s what the firm said about this metric during the Q2 2025 earnings call:
“Backlog increased in the quarter by $14.6 billion or 38% to almost $53 billion, largely the result of a contract for 2 Block V Virginia-class ships, including a one-of-a-kind special mission ship with considerable contract. The contract also included important investment funds to support shipyard productivity, wage increases and additional training programs. These funds complement the funding that the Navy and Congress have provided over the last several years to help stabilize and improve the submarine industrial base.”
While we acknowledge the potential of GD as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.
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Disclosure: None. This article is originally published at Insider Monkey.
