Jim Cramer Shows Bearish Sentiment Toward Nordic American Tankers

Nordic American Tankers Limited (NYSE:NAT) is one of the stocks Jim Cramer recently gave takes on. Answering a caller’s query about the stock, Cramer remarked, “Oh no, no, no. I mean, no, no, we’re not going to be, that thing’s 2,3,2,3,2,3,2,3,2,3.”

Nordic American Tankers Limited (NYSE:NAT) owns, operates, and charters a fleet of Suezmax crude oil tankers. The company reported a Q2 2025 net loss of $0.9 million, in comparison to $4.2 million profit in Q1. Net voyage revenue rose 5.8% year-over-year to $40.15 million, while the fleet’s average time charter equivalent (TCE) increased to $26,880 per day from $24,714 in the prior quarter, with 14 of 20 vessels operating in the spot market.

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