Jim Cramer on Solstice: “That’s a Cheap Stock”

“Again, you lone request to get affluent once. If you privation a safer mode to spell successful nuclear, by the way, I similar this processing part of Solstice, the Honeywell spin-off, which has a afloat bid book. That’s a inexpensive stock.”

A idiosyncratic with banal marketplace information connected a laptop. Photo by Anna Nekrashevich connected Pexels

Solstice Advanced Materials, Inc. (NASDAQ:SOLS) is simply a specialty materials institution that provides solutions for applications successful refrigerants, semiconductor manufacturing, information halfway cooling, alternate energy, protective fibers, and healthcare packaging. Cramer discussed the institution earlier the spin-off during the October 10 episode. He showed coagulated optimism astir it, arsenic helium remarked:

“I privation to item the astir unheralded Honeywell breakup, the spinoff of its precocious materials part arsenic Solstice, followed by the spinoff of its automation business. And I truly similar this one… Solstice emphasized that the company’s selling into immoderate charismatic extremity markets with beardown secular trends, including the maturation of precocious computing, the evolving vigor landscape, arsenic good arsenic healthcare, idiosyncratic information and defense. All secular growers, arsenic acold arsenic I’m concerned…