EquipmentShare.com Inc. (NASDAQ:EQPT) is between Jim Cramer’s recent stock calls as he urged investors to support the defense sector. Responding to a caller’s question about the stock, Cramer said:
Yeah, I misjudged, this is not, you know, honestly, God, I mean, it’s a profitable company. It’s very low. He hasn’t done anything in the last few months. I have to say I still like it. I know it seems brave to do that, but I still like the stock. In fact I would buy more here.
Photo by Adam Nowakowski on Unsplash
EquipmentShare.com Inc. (NASDAQ:EQPT) provides a digital platform for rental and sales of construction equipment, as well as industrial tools and site management services. The company offers spare parts for machinery, maintenance and safety products. During the episode aired on March 24, a caller asked about the stock and Cramer responded:
This stock is falling apart here. It’s not expensive. I’m going to back it up. Stocks are now going too low. Don’t buy everything at once. Something is clearly wrong, but I know the stock is too cheap. It’s crazy.
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