Jim Cramer: Buy This Industrial Stock, EquipmentShare Is ‘Disappointing’
On CNBC’s “ Mad Money Lightning Round,” Jim Cramer said EquipmentShare.com Inc. (NASDAQ: EQPT ) is disappointing, and he can’t stick with it. “I thought this would be like United Rentals (NYSE: URI ), and it wasn’t,” he added. According to recent news, EquipmentShare.com raised its FY26 revenue guidance on July 9 and authorized a $500 million share repurchase program. When asked about Kratos Defense & Security Solutions (NASDAQ: KTOS ), he said, “Defense stocks have been cut in half, including this one. I think that they’ve been punished enough. I actually want to buy Kratos.” Kratos shares rose sharply on Tuesday after the company announced it had received approximately $400 million in new funding from the Department of Defense for hypersonic systems and other national security programs. Cramer said he has never lost faith in Cheniere Energy, Inc....
On CNBC’s “ Mad Money Lightning Round,” Jim Cramer said EquipmentShare.com Inc. (NASDAQ: EQPT ) is disappointing, and he can’t stick with it. “I thought this would be like United Rentals (NYSE: URI ), and it wasn’t,” he added.
According to recent news, EquipmentShare.com raised its FY26 revenue guidance on July 9 and authorized a $500 million share repurchase program.
When asked about Kratos Defense & Security Solutions (NASDAQ: KTOS ), he said, “Defense stocks have been cut in half, including this one.
I think that they’ve been punished enough.
I actually want to buy Kratos.” Kratos shares rose sharply on Tuesday after the company announced it had received approximately $400 million in new funding from the Department of Defense for hypersonic systems and other national security programs.
Cramer said he has never lost faith in Cheniere Energy, Inc. (NYSE: LNG ). “I want to continue to back them because I think we’re going to own the LNG export market because we have the most of any country in the world,” he added.
Cheniere Energy said it will issue its earnings release for the second quarter on Thursday, Aug.
6, before the market opens.
When asked about Super Micro Computer, Inc. (NASDAQ: SMCI ), Cramer said he prefers either Dell Technologies Inc. (NYSE: DELL ) or even Hewlett Packard Enterprise Company (NYSE: HPE ).
Citigroup analyst Asiya Merchant, on Monday, maintained Super Micro Computer with a Neutral and raised the price target from $31 to $33.
Cramer said he doesn’t know what Phillips Edison & Company, Inc. (NASDAQ: PECO ) owns, and therefore, “I’m afraid after this tremendous run that I’ll be coming in late for the party, and I can’t opine on what it has.” Morgan Stanley analyst Richard Hill, on Friday, maintained Phillips Edison with an Equal-Weight rating and raised the price target from $38 to $42.
The Mad Money host said he can’t recommend Pool Corporation (NASDAQ: POOL ) because housing transactions are at a 40-year low.
Pool announced that it will release its second quarter earnings results before the opening bell on July 23.
Price Action: Kratos shares gained 7.2% to settle at $50.36 on Tuesday.
Equipmentshare shares rose 3.1% to close at $17.34 during the session.
Cheniere Energy shares rose 0.7% to settle at $265.03 on Tuesday.
Phillips Edison shares gained 0.7% to close at $42.46.
Pool shares fell 0.4% to settle at $210.07 on Tuesday.
Super Micro Computer shares fell 0.1% to close at $ 27.65 during the session.
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