Babcock & Wilcox Enterprises, Inc. (NYSE:BW) is one of the stocks Jim Cramer shared his thoughts on. Answering a caller’s query about the stock during the lightning round, Cramer said:
“Babcock & Wilcox, now, unfortunately, it’s up 30% for the year, but it is a great spec on the construction of power plants. Let’s wait till it goes down a little bit and then pull the trigger.”
Babcock & Wilcox Enterprises, Inc. (NYSE:BW) provides energy and emission control solutions through technologies focused on waste-to-energy conversion, hydrogen production, and carbon management.
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Disclosure: None. This article is originally published at Insider Monkey.
