Jim Cramer breaks down the recent strength behind Lockheed Martin's stock.
CEO Tim Boyle told Cramer his company is turning its attention toward an outdoors activity that most of its competitors are not touching: fishing.
Performance fishing gear is a unique position for the outerwear brand to dig into outside of hiking and camping, he added. "It's an area that we knew we could own and we spend a lot of time and effort focusing on that part of the business, that sport, and we're just launching a channel in Instagram focusing on PFG," Boyle said. "We think there's a big opportunity for us that doesn't exist with some of our competitors."A visitor takes a photo of a Ford Escape Titanium at the Shanghai Auto Show in Shanghai on April 17, 2019.
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