Jim Cramer on nLIGHT: “I Find It Very Hard to Recommend This One Up Here”
“I have no idea whether the technology makes sense, but it sure seems like the defense department is willing to spend money on it, which might be all that matters. Now, there’s one thing that’s been nagging at me with this one… It’s a simple fact that nLIGHT doesn’t have a great track record when it comes to, you know, making money. The company hasn’t been profitable for the last three… years. And perhaps worse, its sales peaked way back in 2021 before declining each of the past three years, falling from $2 ...