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Jim Cramer Shows Bearish Sentiment Toward Nordic American Tankers
Yahoo Financeยท 2025-09-22 07:43
Group 1 - Nordic American Tankers Limited (NYSE:NAT) operates a fleet of Suezmax crude oil tankers and reported a Q2 2025 net loss of $0.9 million, a decline from a profit of $4.2 million in Q1 [1] - The company's net voyage revenue increased by 5.8% year-over-year to $40.15 million [1] - The average time charter equivalent (TCE) for the fleet rose to $26,880 per day from $24,714 in the previous quarter, with 14 out of 20 vessels operating in the spot market [1] Group 2 - There is a belief that certain AI stocks may offer greater upside potential and carry less downside risk compared to NAT [2] - The article suggests that there are extremely undervalued AI stocks that could benefit from Trump-era tariffs and the onshoring trend [2]