EquipmentShare.com Inc. (NASDAQ:EQPT) is among Jim Cramer’s recent stock calls as he urged investors to stand by the defense sector. Answering a caller’s query about the stock, Cramer said:
Yeah, I misjudged, this one is not, you know, I honestly, God, I mean, it’s a profitable company. It’s down low. It hasn’t done anything in the last few months. I have to say, I still like it. I know that it seems gutsy to do that, but I still like the stock. I would actually buy more here.
Photo by Adam Nowakowski on Unsplash
EquipmentShare.com Inc. (NASDAQ:EQPT) provides a digital platform for construction equipment rentals and sales, as well as industrial tools and site management services. The company offers machinery parts, maintenance, and safety products. During the episode aired on March 24, a caller inquired about the stock, and Cramer responded:
This stock is falling apart here. It’s not expensive. I’m going to endorse it. The stock is now going too low. Don’t buy it all at once. Something’s clearly wrong, but I know the stock is just too cheap. It’s crazy.
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