Huntington Ingalls (HII) is “One of the Best Stocks in the World,” Says Jim Cramer

Company Overview - Huntington Ingalls Industries, Inc. (NYSE:HII) is one of the largest shipbuilding companies in America, known for constructing notable ships such as the Gerald R. Ford class aircraft carriers [2]. Stock Performance - The shares of Huntington Ingalls Industries, Inc. have increased by 82% year-to-date [2]. - Citigroup initiated coverage of the stock with a Buy rating and set a price target of $376 per share [2]. - Bernstein raised its price target for the stock from $305 to $362 while maintaining a Market Perform rating [2]. Financial Performance - In the third quarter, Huntington Ingalls Industries, Inc. reported a 16% annual growth in revenue and a 44% decline in diluted earnings [2].