6 Stocks on Jim Cramer’s Radar and His Caution Regarding SpaceX IPO

4. Fluence Energy, Inc. (NASDAQ:FLNC)

Fluence Energy, Inc. (NASDAQ:FLNC) was one of the stocks on Jim Cramer’s radar as he cautioned that SpaceX could blow past its opening price. Answering a caller’s query about the stock, Cramer said:

When is Fluence going to make money?… It’s got to make money, and that’s why it is not going higher.

Fluence Energy, Inc. (NASDAQ:FLNC) sells integrated hardware and optimization software solutions for renewable energy storage applications. The company also provides maintenance, operational, and digital services to power producers, utilities, and commercial clients. During the episode aired on July 15, 2025, a caller mentioned that the company was expected to grow 60% in the coming year, and Cramer responded:

Yeah, but it’s losing a lot of money. It’s down 50%. I’m going to have to take a pass on that name. I’m very sorry.

It is worth noting that since the above comment was aired, the stock has gained nearly 192%.

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