Jim Cramer on Madison Square Garden Sport: “Not One of My Favorites”

Madison Square Garden Sports Corp. (NYSE:MSGS) is one of the stocks Jim Cramer shared insights on. During the lightning round, whether it was time to take profits in the stock, and Cramer replied:

“Oh, it’s not my, it’s not one of my favorites. It doesn’t have the kind of growth, you have some nice gains. I don’t know. Why don’t you take half and then see what happens?”

A stock market graph. Photo by energepic.com

Madison Square Garden Sports Corp. (NYSE:MSGS) is a professional sports company that owns the New York Knicks, the New York Rangers, and other affiliated development league teams, and operates a dedicated training center. The company reported its fiscal full-year earnings on August 12, generating revenues of $1.04 billion, which was up 1% year-over-year. It reported an operating income of $14.8 million and adjusted operating income of $38.2 million.

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