Jim Cramer on AAR Corp.: “The Gross Yield Is Too High”

AAR Corp. (NYSE:AIR) is one of the stocks Jim Cramer shared his thoughts on. A caller sought Cramer’s thoughts on the stock, and he remarked:

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.

A technical stock market chart. Photo by Energepic from Pexels

AAR Corp. (NYSE:AIR) supplies aircraft parts and components for commercial and defense aviation and offers services ranging from airframe inspections to interior refurbishments. A caller asked about the stock during the January 27 episode, and Cramer responded:

I’ve been recommending AIR forever, and we know it’s up 27% for the year. I saw that Gold, I think it was Goldman that started it with a Neutral. This thing is can’t miss. We had John Holmes on recently, and it is just part of the great aerospace boom that it has no sign of slowing down.

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Disclosure: None. This article is originally published at Insider Monkey.