Jim Cramer on Unusual Machines: "Highly Speculative"

Unusual Machines, Inc. (NYSE:UMAC) is one of the stocks Jim Cramer was asked about. During the lightning round, when a caller asked Cramer about the stock, he commented, “Oh man, drone technology. Highly speculative. Losing a lot of money. Let’s be very careful.”

Unusual Machines, Inc. (NYSE:UMAC) develops and sells small drones and related components. On December 12, the company announced it would supply U.S.-made drone components to Campus Guardian Angel. The first order covers Rotor Riot Brave ESCs, while motors are being tested for broader use. All components are made in the U.S. and NDAA-compliant.

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