Jim Cramer - Mad Money
KBR Inc.
KBR-N
BUY
Mar 26, 2021
It surged 12% yesterday on a strong investor day. KRB was an energy services company until the oil price crashed in 2014. Since then, KBR has moved away from being a higher-end government contractor into making more money from sustainable technology, helping companies achieve their ESG goals. They've separated themselves from engineering-construction companies. KRB projects doubling-tripling earnings by 2025.
Selling Puts $16.79. This is a trading position. Positive Catalysts over the next couple of quarters and then will trade out of it. Recently won an arbitration award $350 Million. A good cyclical position to get into.