Home Finance Tips Jim Cramer Says He is “Feeling Pretty Good About FLEX LNG”

Jim Cramer Says He is “Feeling Pretty Good About FLEX LNG”

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FLEX LNG Ltd. (NYSE:FLNG) is one of the stocks that Jim Cramer shed light on. Praising the dividend payout, Cramer commented:

“… I was worried that it had a 3.4% dividend yield. And that seems big… Get this, I’m actually feeling pretty good about FLEX LNG. Looking at the numbers, the dividend feels safe to me, even if the company’s balance sheet is far from clean. Still, FLEX LNG’s dividend has remained constant at 75 cents per quarter since mid-2021… They consistently generate much more free cash flow than they need to pay the dividend…

Jim Cramer Says He is “Feeling Pretty Good About FLEX LNG

FLEX LNG (NYSE:FLNG) specializes in the marine transportation of liquefied natural gas to global markets.

While we acknowledge the potential of FLNG as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.

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