Cramer's Stop Trading! The Best Defense (4/6/09)
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Stocks discussed Jim Cramer's Stop Trading! TV Program, Monday March 6.
Apple (AAPL), Research in Motion (RIMM), Goldman Sachs (GS), Lockheed Martin (LMT), General Dynamics (GD)
In spite of the decline, Cramer says he sees new money coming into the market, especially into stocks like Apple and Research in Motion. He thinks the temporary decline is creating a buying opportunity.
While many were wary about defense stocks in an Obama Presidency, Obama has actually been good for companies like Lockheed Martin which produces technology to streamline defense. General Dynamics reported an increase in orders.
Cramer praised Goldman Sachs for its balance sheet.
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