WWD - Cramer Hypes Up This 'Classic Stock' Disagrees With Billionaire CEO's 'Dire' View | Benzinga
On CNBC’s "Mad Money Lightning Round," Jim Cramer said he has always liked Woodward, Inc. (NASDAQ: WWD).
Woodward reported better-than-expected first-quarter financial results on Monday. The company posted adjusted earnings of $1.45 per share, beating market estimates of $1.10 per share. The company’s quarterly sales came in at $787.00 million versus expectations of $748.29 million, according to data from Benzinga Pro.
When asked about Starwood Property Trust, Inc. (NYSE: STWD), he said, "There are problems with commercial real estate, no doubt about it, but they’re not nearly as dire as Mr. Sternlicht says."
Cramer was referring to billionaire Starwood CEO Barry Sternlicht, who recently predicted that office ...