Jim Cramer Shed Light on These 22 Stocks

12. Rocket Lab Corporation (NASDAQ:RKLB)

Number of Hedge Fund Holders: 34

Rocket Lab Corporation (NASDAQ:RKLB) is one of the stocks Jim Cramer shed light on. A caller asked if Cramer would include the stock “in the end of the year of magical investing,” and he commented:

“I think Rocket Lab’s better than that. I don’t think it’s a magical thinking… I think it’s a very good spec ahead of another big offering in the rocket world next year. I think you can own it as your spec play, as I say in How to Make Money in Any Market.”

Rocket Lab Corporation (NASDAQ:RKLB) provides launch services, spacecraft design, manufacturing, and on-orbit management solutions. During the November 24 episode, a caller showed optimism in the stock and asked for Cramer’s view. He replied:

“Okay, look, I have to tell you, I think this stock is very, you know, look, as these stocks go, I’m not going to call it inexpensive because this is a spec. But as specs go, I like it at these prices. How about that? I think that’s a fair way to put it.”