During a recent lightning round segment, a caller asked Jim Cramer about Babcock & Wilcox Enterprises, Inc. (NYSE: BW). Cramer responded directly to the inquiry about the stock.
"Babcock & Wilcox, now, unfortunately, it's up 30% for the year, but it is a great spec on the construction of power plants," Cramer said. "Let's wait till it goes down a little bit and then pull the trigger."
The company provides energy and emission control solutions. Its technologies focus on areas including waste-to-energy conversion, hydrogen production, and carbon management.