Northrop Grumman Corporation (NOC) Has Strong Worldwide Sales, Says Jim Cramer

We have recently published 10 shares Jim Kramer spoke, and he said to everyone who won the Japanese Trump deal. Northrop Grumman Corporation (NYSE: NOC) is one of the shares that Jim Cramer recently discussed.

Northrop Grumman Corporation (NYSE: NOC) is a well -known defensive contractor and has a presence in aircraft and missile industries. Her shares gained 22 % year on an annual basis, and helped in a large part of a 11 % jump in July. The shares of Northrop Grumman Corporation (NYSE: NOC) increased due to its profit report in the second quarter, which saw that the company raises its profits in the middle of the year to $ 25.20 from $ 25.15 previously. The company’s revenues, which amount to $ 10.35 billion, won the estimates of the analysts of $ 10.07 billion. In his previous statements about Northrop Grumman Corporation (NYSE: NOC), Crameer described the company after the Q1 results. This time, hit a different tone:

“Northrop Grumman, for sales all over the world. So we see a lot of branches in many different industries.”

Here is what Cramer said about Northrop Grumman Corporation (NYSE: NOC) after Q1 results:

“Finally, there is Northrop Grumman, who was Dud of the Day, who was reported about the top of the bottom and bottom summary in the first quarter, and lowering its profit expectations in the full year significantly. Now there is some important context here. Miss and Cutplist were expected to be associated with the Northrop Grumman Bommer Bomber program.

Photo by NASA on non -cubs

However, even if you add it, the effect of B-21 fees, Northrop Grumman will still be absent from sales and profits. It was just a smaller disappointment. The results of these Northrop Grumman were not simply reaching Snuff, so the stock was its worst day since 2008 today, as it decreased $ 67 or nearly 13 %. This is now in the penalty box. “

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Detection: Nothing. This article was originally published in A monkey from the inside.