Jim Cramer on Nextpower: 'We Left It Way Too Soon'

Insider Monkey··Read original
2▲1 ▼0Impact / 5
Summary · why it matters

Jim Cramer admitted on Mad Money that he sold Nextpower Inc. too early, calling CEO Dan Shugar a 'miracle worker' and a 'moneymaker.' Responding to a caller's question about the solar tracker and energy management software company, Cramer said he lost the right to comment because the trust sold its position at a low price. He nonetheless urged the caller to buy the stock, stating 'Just go buy it. That's how good he is.' Nextpower provides hardware for difficult terrain and digital tools to optimize power production.

Impact on assets 1

Energy Transition & Power Demand▲ · 1 stocks
Nextpower Inc.
NXT
▲ PositiveDemandrelevance

Jim Cramer's strong endorsement and recommendation to buy the stock, citing CEO as 'miracle worker' and 'moneymaker', implies positive outlook for product demand.