Jim Cramer recently discussed General Dynamics Corporation (NYSE:GD), a defense contractor with a 21% share increase this year. Q2 earnings beat estimates with $13 billion in revenue and EPS of $3.74. Cramer praised the firm’s global sales. GD’s backlog of $103.7 billion offers insight into future cash flow and stability.

General Dynamics Corporation (GD) was commended by Cramer for its strong performance and backlog growth. The firm’s $53 billion contract for Virginia-class ships contributes to stability and productivity in the submarine industrial base. While GD shows promise as an investment, some AI stocks may offer higher returns with limited downside risk.

For more insights on potential investment opportunities, check out the article on 30 stocks that are expected to double in the next 3 years and 11 hidden AI stocks to consider buying now. This article was originally published on Insider Monkey.

Read more at Yahoo Finance: General Dynamics Corporation (GD) Posted A Good Number, Says Jim Cramer