Jim Cramer Recently Expressed Thoughts on These 18 Stocks

11. American Superconductor Corporation (NASDAQ:AMSC)

Number of Hedge Fund Holders: 23

American Superconductor Corporation (NASDAQ:AMSC) is one of the stocks Jim Cramer recently expressed his thoughts on. A caller asked if the stock is a winner, and in response, Cramer said:

“I would say this stock has had a big move, but it’s still only $2.7 billion. That’s a very interesting spec and I thank you for bringing it to our attention.”

American Superconductor Corporation (NASDAQ:AMSC) delivers megawatt-scale power resiliency solutions through technologies that support grid connectivity, transmission, distribution, and power quality. Additionally, it provides wind turbine designs, power electronics, and control systems for renewable energy developers and manufacturers. Prosper Stars & Stripes stated the following regarding American Superconductor Corporation (NASDAQ:AMSC) in its Q1 2025 investor letter:

“American Superconductor Corporation (NASDAQ:AMSC) was the largest detractor in the short book during the first quarter of 2025. The company is a system provider of megawatt-scale power resiliency solutions for the power grid, torpedo defense for the Navy, and components for the India wind market. This is an eclectic assortment of businesses with little relation to each other despite steps taken to simplify the company in the past. Further, we were unable to establish a compelling narrative on the market position or performance quality of the company products. Despite using terms like “smart materials” and “smart software and controls,” AMSC’s financial profile is decidedly much more pedestrian than proprietary in our view. In FY24, gross margins were 27-28% and the average between 2017 to 2022 was approximately 15%. Operating margins in FY24 were -1% and between 2017 to 2022, EBIT margins were deeply negative. This history of lack of profits meant AMSC needed to consistently raise capital, which is illustrated via its shares outstanding jumping from 17 million in 2017 to 38 million in 2024. The shares rallied sharply on a quarterly report and outlook that exceeded expectations. Following our stop-loss process, we closed out the position during the quarter.”