Jim Cramer on Microvast: “I Liked it a Year Ago, and I Continue to Like it Now”

Microvast Holdings, Inc. (NASDAQ:MVST) is one of the stocks Jim Cramer was recently asked about. Noting that the stock hit $7 last week, up from 22 cents around a year ago, a caller asked about the stock. Cramer commented:

“It’s still good. It’s still good. It’s got great free cash flow. It’s not like the others. It actually makes money. This is not some joker speculative stock. That’s why I said I liked it a year ago, and I continue to like it now. I like the stock.”

Microvast Holdings, Inc. (NASDAQ:MVST) develops and manufactures lithium-ion battery technologies and components for electric vehicles and energy storage systems. When a caller asked for Cramer’s advice about the company’s stock during the October 1 episode, he replied:

“Alright, that’s a great spec for now. We know that there’s a lot of interest in Washington on battery. We’ve seen that. Therefore, it could extend to these guys. I don’t know if it’s the case, but I’d hold onto it.”

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