Jim Cramer on Flex LNG: "We're Going to Get on It"

FLEX LNG Ltd. (NYSE:FLNG) is one of the stocks Jim Cramer reflected on. When a caller inquired about the stock while mentioning its huge dividend, Cramer replied:

“Yeah, I’ve been trying to figure out why that has such a big dividend. Let me go to work on that for you, rather than just say, well, I think that dividend’s safe. We gotta find out. When you see a dividend that high versus the rest of the market, there might be something wrong. We’re going to get on it.”

FLEX LNG (NYSE:FLNG) is engaged in the seaborne transportation of liquefied natural gas, operating a fleet of LNG carriers equipped with advanced propulsion technologies. During an April episode, when a caller asked about the stock, Cramer said that he has to take a “hard pass.”

“But don’t you think that it should have already made it by now? I mean the stock just does nothing, nothing but go down during the greatest revolution of all time. I’m going to have to take a hard pass on that one. I’m sorry.”

While we acknowledge the potential of SONY 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.