7 Stocks on Jim Cramer’s Radar

4. FTAI Aviation Ltd. (NASDAQ:FTAI)

Number of Hedge Fund Holders: 41

Discussing FTAI Aviation Ltd. (NASDAQ:FTAI) during the episode of Mad Money, Cramer said:

“Aircraft leasing’s a terrific business. I would hold onto that. It’s the opposite of, say the tanker business, which everybody wants to be in.”

FTAI Aviation (NASDAQ:FTAI) specializes in the ownership and acquisition of aviation and offshore energy assets to support worldwide transportation services. The stock has gained more than 90% over the past 12 months.

Tourlite Capital Management stated the following regarding FTAI Aviation Ltd. (NASDAQ:FTAI) in its Q3 2024 investor letter:

“FTAI Aviation Ltd. (NASDAQ:FTAI) continues to benefit from strong aerospace aftermarket tailwinds, with recent issues at Boeing presenting additional upside to both its short- and long-term business prospects.

As noted in our second quarter letter, FTAI’s Q2 results exceeded expectations, beating consensus estimates and prompting management to raise its guidance. Notably, FTAI increased its 2026 EBITDA target by 25%, from $1 billion to $1.25 billion. At the upper end of the newly raised Aerospace EBITDA guidance, FTAI has already achieved 46% of the $325-$350 million target, with this segment delivering approximately 30% quarter[1]over-quarter growth for the past four quarters.

While we believe strong financial performance will continue to support the stock price, we also see significant upside potential from narrowing the valuation gap between FTAI and its aerospace aftermarket peers. Despite the stock’s recent appreciation, we remain confident in FTAI’s outlook, with multiple catalysts expected to drive further growth through the remainder of the year.”