In a recent episode of “Mad Money,” renowned market analyst Jim Cramer advised stockholders of United Airlines Holdings Inc (NASDAQ:UAL) to consider selling their shares to profit from the recent increase in the airline’s stock value.
What Happened: Cramer’s lightning round is a segment where he responds swiftly to stock-related questions from callers, as CNBC reported on Tuesday. In this case, he noted that United Airlines has experienced a favorable rise in their stock value, and suggested that investors might want to “ka-ching” or cash in.
"I think you've got a nice gain there and I would do some ‘ka-ching'-ing,” he said.
Why It Matters: It is worth noting that this advice ...