Jim Cramer Says Defense Stocks Like Lockheed Martin Going Higher

Jim Cramer, portfolio manager of TheStreet’s Action Alerts PLUS and host of CNBC’s ‘Mad Money’ said defense stocks will be going much higher. A viewer asked whether shares of Lockheed Martin (LMT), Northrop Grumman (NOC) and Raytheon (RTN) will rise this week after the attacks in Paris. Cramer said he believes France and others will want to build up their military defenses now. Action Alerts PLUS currently holds Lockheed Martin. Several viewers asked about retailers Monday, including Home Depot (HD) and Lowe’s (LOW) ahead of their earnings reports. Cramer said these are both great companies in the midst of a retailing slump. He pointed out that Home Depot and Lowe’s aren’t ‘easily Amazoned (AMZN),’ meaning they make products that consumers want to see and try out in person. Send your question to Jim Cramer on Facebook and on Twitter @JimCramer, using #CramerQ.