Comments from Jim Cramer about Nextpower Inc.

Jim Cramer, Nextpower Inc. Featured Comments

Nextpower Inc. (NASDAQ:NXT) has attracted attention in the assessments of leading stock analyst Jim Cramer. In response to a listener's question about the stock, Cramer stated, 'Dan Shugar is a real businessman. This stock is a great choice. You noticed that they changed their name to Nextpower. I’m thinking of buying this stock. I left my position in the stock; I made a profit. But I should have stayed. That’s my mistake. I often criticize myself about this, one of the two stocks I sold too early, along with Alphabet. You have a gain,' he said.

Nextpower Inc. provides solar energy management solutions and solar tracking technologies. The company offers solutions such as tracking systems that adapt to land conditions, automated storage systems, and monitoring tools aimed at optimizing solar energy production. Additionally, it supplies core systems and installation equipment to support the development and operation of solar projects. In his assessment of the company on the October 31 broadcast, Cramer said, 'Oh, you know... we made a profit with Nextracker for our charity, but we didn’t believe Dan Shugar had the potential for double profits. This company is an enormous company... It is still only trading at 24 times its earnings. It’s facing a parabolic movement. I would like it to calm down a bit, but it’s great; I congratulate Dan Shugar, he has really succeeded.'

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