Opinions
Jim Cramer - Mad Money
Flex LNG
FLNG-N
DON'T BUY
Apr 09, 2025
$21.760
Stock price when the opinion was issued
0
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COMMENT
He sees a pivot in energy purchases away from bad actors like Russia to Canada and US, with their higher environmental standards and stability in energy supply. Shipping companies are highly leveraged to the upside and down. Fine as long as market and demand remain strong and there's a shortage of capacity. These stocks tend to turn very quickly, so he'd be quick to sell. Shipping is probably the most volatile part of the LNG chain.
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Shouldn't it have rallied by now? It's only went down during the greatest revolution of all time. A hard pass.