Woodward, Inc. (NASDAQ:WWD) was among the stocks Jim Cramer highlighted on Mad Money as he noted that the market has an appetite for stocks.
A caller asked for Cramer’s opinion on the stock
He replied: I happen to think it’s a very, very good company. You’re not going to get this company for less than, you know, 30, it’s going to be 40 times earnings, which it is. But it’s engineered products, industrial engines, it’s what’s working now during this administration, and I recommend it.
A stock market data. Photo by AlphaTradeZone on Pexels Woodward, Inc. (NASDAQ:WWD) designs, manufactures, and services control solutions, components, and electronic systems for the aerospace and industrial markets. The company provides both original equipment and aftermarket maintenance, repair, and overhaul services.