Sterling Infrastructure, Inc. (NASDAQ:STRL) was among the stocks on Jim Cramer’s radar as he highlighted the importance of lower interest rates in sustaining the broader market rally.
Answering a caller’s question about the stock, Cramer commented: You can’t buy it here
We just have to say, we missed it… We just missed it, and I just can’t put you in that stock after it just had a 52% move. That’d be irresponsible. Stock market data.
Photo by Burak The Weekender on Pexels Sterling Infrastructure, Inc. (NASDAQ:STRL) provides e-infrastructure, transportation, and building solutions, including site development for data centers, industrial facilities, and public works projects. In addition, the company offers concrete, plumbing, and surveying services for residential and commercial construction. During the May 5 episode, Cramer noted that the company posted a “tremendous” quarter.