Jim Cramer on AAR Corp.: “If the Stock Gets Hit, Could Be Attractive”

AAR Corp. (NYSE:AIR) is one of the stocks in the recent Mad Money recap of everything Jim Cramer said about his upcoming game plan. Cramer made some positive comments on the stock, as he remarked:

Now what else? We had AAR on recently. It’s a company that services commercial aircraft, but I bet it’s going to perform very well, as we know there’s a lot of activity in the space. But I do wonder what they can say to soothe concerns about a potential slowdown in air traffic. It’s a tremendous company, great long-term value. If the stock gets hit, could be attractive.

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AAR Corp. (NYSE:AIR) supplies aircraft parts and components for commercial and defense aviation and offers services ranging from airframe inspections to interior refurbishments. Cramer shared his thoughts on the stock when a caller asked for his advice on it during the January 29 episode. He said:

Okay, at times, I’ve been worried about this because the, believe it or not, the gross yield is too high, and this is one of those times. That yield’s 15%. That is worrisome for me. That is not a bargain. When you see that kind of height in a yield, that is not a bargain.

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