Jim Cramer Explains Why He Is “Inclined to Stick” With EquipmentShare
Key takeaways
- Jim Cramer Explains Why He Is “Inclined to Stick” With Equipment Share Syeda Seirut Javed Wed, June 17, 2026 at 11:38 PM GMT+7 2 min read SPCX EQPT Equipment Share.com Inc.
- What sets this company apart, though, is that they’ve come up with a capital-light business model.
- It caused a big spike in both oil and interest rates.
Jim Cramer Explains Why He Is “Inclined to Stick” With Equipment Share Syeda Seirut Javed Wed, June 17, 2026 at 11:38 PM GMT+7 2 min read SPCX EQPT Equipment Share.com Inc. (NASDAQ:EQPT) was among Jim Cramer’s stock calls on Mad Money, as he highlighted worthy space players and reviewed several of this year’s IPOs. Cramer highlighted what sets the company apart, as he stated:
As we witnessed the largest IPO in history today, I want to remind you that Space X is not the only newly public company we’re really dealing with here. There are nearly a dozen recent IPOs that I’ve recommended just this year alone, and tonight, I want to walk you through them, kind of do a little follow-up, see how they’re doing now. Back at the end of January, for instance, I highlighted EquipmentShare.com, which is an equipment rental company with its own sophisticated software platform.
What sets this company apart, though, is that they’ve come up with a capital-light business model. They buy new equipment, sell it to institutional investors, and then lease it back from those investors before renting it out to their own customers. Yeah, it’s the same way many retailers handle real estate. The stock had a nice start to it. I was cautiously optimistic when I recommended it. Well, turns out that was too bullish. EquipmentShare has now fallen from just under $30, where I covered it, to just under $20. Now, in fairness, I recommended this one right before the wind of the war, and I think that that really got it.