Jim Cramer’s Top 12 Must-Watch Stocks

Page 5 of 11

7. Powell Industries (NASDAQ:POWL)

Number of Hedge Fund Investors: 28

Jim Cramer expressed confusion over the short position in Powell Industries (POWL), arguing that it is a well-managed company with reasonable pricing. He suggested that concerns might stem from its exposure to the oil and gas sector. Because of this, Cramer believes Powell Industries (POWL) is a good buying opportunity at this moment.

“I don’t really understand the short position at all because it’s a very well-run company that isn’t even that expensive. I think it may be related to its oil and gas exposure. I believe POWL is a buy, and I reiterate that it’s an opportunity to buy it right now.”

Page 5 of 11