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Jim Cramer — Buy Lockheed Martin Going Into Earnings

TheStreet's Jim Cramer says though there are a lot of company earnings due out this week, he is most focused on Lockheed Martin (LMT - Get Report) . The defense giant is scheduled to release its third-quarter results before the opening bell Tuesday.

Analysts polled by Thomson Reuters are expecting Lockheed to post earnings of $2.72 a share -- lower than the $2.76 it reported for the same period last year. Revenue for the quarter is expected to come in at $11.13 billion, which is in line with the year-ago period. The world's largest defense contractor has beat expectations for the last two quarters.

Cramer hold...


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