Published on 25 Oct 2023 on Benzinga
Jim Cramer, a renowned CNBC host, suggests investing in defense stocks as the U.S. intends to reestablish its arsenal capacity.
According to a report on CNBC, Cramer argues that defense companies present worthy investment opportunities as the U.S. depletes its arsenals to assist allies Israel and Ukraine. He highlighted this during an interview with Greg Hayes, CEO of Raytheon Technologies Corporation RTX.