Jim Cramer on Northrop Grumman: “It’s a Little Above the Market Multiple”

Northrop Grumman Corporation (NYSE:NOC) is one of the stocks on Jim Cramer’s radar. When a caller asked if the stock is a buy, sell, or hold, Cramer replied: “I’m going to say weak hold. I don’t like the traditional hardware defense stocks, particularly if they’re up a lot, which happens to be the case of Northrop Grumman. So… a little profit-taking there. "It’s a little above the market multiple.” A laptop and a computer monitor display a detailed stock market technical analysis chart. Photo by Jakub ...