Jim Cramer Advises Selling Aspen Aerogels Stock Despite Gains

Jim Cramer, the prominent financial analyst and host of CNBC's 'Mad Money', has advised investors to sell their shares in Aspen Aerogels, a company that produces aerogel insulation materials. This recommendation comes despite the stock seeing significant gains recently.

Cramer cited the company's lack of profitability as the primary reason for his advice to sell the stock. "Aspen Aerogels is a money-losing company, and I believe it is a great opportunity to take the profit after the stock has seen significant gains," he emphasized. "Investors should sell the stock of a company that is not making any money."

Aspen Aerogels produces innovative aerogel insulation products, but the company has struggled to generate consistent profits. Cramer believes that the recent stock price appreciation makes it a risky investment going forward. His analysis suggests that investors should be cautious about holding onto Aspen Aerogels stock, given the company's financial challenges and the potential for the stock price to decline in the future.

Why this matters: Cramer's recommendation highlights the importance of considering a company's profitability when making investment decisions. His advice serves as a reminder that stock price gains alone do not necessarily indicate a sound long-term investment.

In addition to his advice on Aspen Aerogels, Cramer also provided investment recommendations for other stocks. He suggested holding ConocoPhillips, buying Marvell Technology and Lam Research, and not selling McKesson or Vale.

As a skilled news editor, Cramer's insights and recommendations carry weight in the financial community. "This is a great opportunity to take profits from a money-losing company," Cramer reiterated regarding Aspen Aerogels. Investors will likely closely consider his advice when making decisions about their portfolios.

Key Takeaways

• Jim Cramer advises investors to sell Aspen Aerogels stock due to lack of profitability.
• Cramer believes Aspen Aerogels is a "money-losing company" and a risky investment.
• Cramer also provided investment recommendations for other stocks, including ConocoPhillips and Marvell Technology.
• Cramer's advice highlights the importance of considering a company's profitability when making investment decisions.
• Investors are likely to closely consider Cramer's recommendations when managing their portfolios.