Jim Cramer Had These 21 Stocks on His Radar

19. Red Cat Holdings, Inc. (NASDAQ:RCAT)

Number of Hedge Fund Holders: 14

Answering a caller’s question about Red Cat Holdings, Inc. (NASDAQ:RCAT), Cramer remarked:

“No, no. Look, Red Cat is an absolute, this is a, it’s got everything you want. It’s got drones, it’s got flight recorders, it’s got this stuff. And you know what? It’s just one darn crazy stock. But I’ll tell you, it’s not making any money. So right now you’re going to have to go to another show. There’s many shows, you can call in on them, and they’ll say, Red Cat, Blue Cat, and go buy it.”

Red Cat (NASDAQ:RCAT) provides drone-related products and services, including cloud-based software, analytics, and storage. Furthermore, the company supplies drones, parts, and advanced UAV technology for military, government, and commercial use. In February, Cramer commented:

“This one just happens to be a personal favorite of our chief scientist, Ben Stoto. We talk about Red Cat a lot. It’s a data analytics company, and you know what? I’m going to tell you, you can buy it. You really can. Because if it doubled, you’d feel like an idiot for not buying Red Cat.”