Jim Kramer says he “I’m not going to fight” Joby Aviation
Joby Aviation, Inc. (NYSE:Joby) is one of Jim Kramer of 22 strains spoke recently. During the lightning round, the caller asked about the company, and Cramer commented:
“I’m in the mood for $9, $10 shares, so I’m going to do the twaffer. Archer and Job, what can I say? I’m not going to fight them. Boeing has flying cars. Why can’t they?”
Future electric vertical takeoff and landing aircraft soaring through the sky.
Joby Aviation (NYSE: Joby) designs electrical vertical takeoff and landing aircraft for use in aviation mobility services. The company plans to introduce an app-based platform to provide aerial ride sharing for passenger transport. Over the past year, Joby stock has earned over 104%. Additionally, in early June, when Cramer was asked about the company, he said:
“What do you know, I remember a few weeks ago knocked about something I wasn’t making money. The job is real. I think Archer is real… But the job is fine and I’ll go with it… the job is fine.
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Disclosure: None.