Home Stock Market Jim Cramer Is Not Going To Go With This Consumer Cyclical Stock – Freight Technologies (NASDAQ:FRGT)
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Jim Cramer Is Not Going To Go With This Consumer Cyclical Stock – Freight Technologies (NASDAQ:FRGT)

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On CNBC’s “Mad Money Lightning Round,” Jim Cramer said he won’t go with Polaris Inc. (NYSE:PII). “This is a good example of a situation where the yield’s high, but that’s because it’s worrisome,” he noted.

UBS analyst Robin Farley, on Sept. 18, maintained Polaris with a Neutral and lowered the price target from $67 to $61.

“I happen to like Forgent Power Solutions (NYSE:FPS) very much. I think maybe people don’t like it because it sells at 27 times earnings, but I’m with you,” Cramer said.

On the earnings front, Forgent Power Solutions reported strong fourth-quarter results on Sept. 15 and issued fiscal 2027 guidance above estimates. Forgent reported adjusted earnings of 25 cents per share, beating the 24-cent estimate. Sales surged 94% year over year to $461.67 million, topping the $429.94 million estimate.

Symbotic Inc. (NASDAQ:SYM) is a good company, Cramer said. “It actually makes money, but it sells at 100 times earnings. I can’t get behind anything like that.”

Needham analyst Robert Jamieson, on Sept. 15, maintained Symbotic with a Buy rating and lowered the price target from $75 to $60.

Cramer said he has not looked at Corteva, Inc. (NYSE:CTVA).

Argus Research analyst Alexandra Yates reiterated Corteva with a Buy on Sept. 18 and maintained a $91 price target.

Price Action

  • Forgent Power shares fell 6.1% to settle at $36.59 on Monday.
  • Symbotic shares dipped 3.4% to close at $42.00.
  • Corteva fell 1% to settle at $77.74 on Monday.
  • Polaris shares declined 1.4% to close at $52.30.

Photo via Shutterstock

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