Jim Cramer - Mad Money Stem STEM-Q BUY Aug 09, 2021

Good company and he likes what they do for the environment. This took off better than he expected, and the market likes these kinds of stocks again.

They make battery storage solutions. He doesn't like SPACs, but this is a rare exception. They enjoyed 300+% revenue grew in the past quarter alone and were bullish about their backlog and pipeline. They just bought a solar asset management software company for $695 million in cash and stock. The only problem is this is an early-stage growth stock which are out of step as the Fed tamps down inflation which will hurt stocks like this. Despite that, he likes STEM.

Share got very high and he moved away from companies that aren't making money. However, if you have a 5-year horizon, you can hold onto this.

Doesn't make money which is no good an era when the Fed is hiking interest rates.