Jim Cramer on Amprius Technologies: “It’s a Good Spec”

Amprius Technologies, Inc. (NYSE:AMPX) was among the stocks Jim Cramer discussed during Mad Money, as he called the growing wave of stock offerings and debt issuance a threat to the bull market. A caller mentioned that they sold 40% of their position and asked whether they should take gains on the remainder, hold, or add to it on weakness. Cramer replied:

No, this is a good situation. This is good. I like it. No, I would actually be thinking about getting back in, buy some more. It’s a good spec.

Photo by Joshua Mayo on Unsplash

Amprius Technologies, Inc. (NYSE:AMPX) creates advanced silicon-based batteries designed to power high-performance flight tech like drones and satellites. A caller asked about the company during the May 1 episode, and Cramer responded:

You know, okay, this is another spec. It’s a storage spec, and it’s got, it makes a lot of sense. Once again, two specs that I’m willing to go with. You’re allowed to have one spec in your portfolio of five.

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