Ralliant Corporation (NYSE:RAL) was among the stocks Jim Cramer discussed on Mad Money, along with the recent sell-off in the market. Inquiring about the stock, a caller highlighted the company’s last reported “great” quarter and its buyback program. Cramer remarked:
That is a good company. But you know what? It’s gone parabolic. The stock’s going parabolic. And I’ve gotta tell you, the show’s dedicated to the idea of don’t seek parabolas right now. Just don’t seek them.
A stock market data. Photo by AlphaTradeZone on Pexels
Ralliant Corporation develops, manufactures, sells, and services precision instruments and engineered products.
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