Jim Cramer Notes That Booz Allen “Sells at an Incredibly Low Multiple”

BAH +0.25%

Booz Allen Hamilton Holding Corporation (NYSE:BAH) is one of the stocks Jim Cramer recently answered questions about. When a caller asked about the stock during the lightning round, Cramer said:

“Booz Allen Hamilton got hurt very badly by DOGE. Now, DOGE has since moved on, so to speak, and I think all the way down here, it sells at an incredibly low multiple. I’m going to take the other side of the sellers and recommend the stock.”

A laptop and a computer monitor display a detailed stock market technical analysis chart. Photo by Jakub Zerdzicki on Pexels

Booz Allen Hamilton Holding Corporation (NYSE:BAH) develops technology solutions using AI, cyber, and quantum capabilities. The company provides AI-driven applications, cyber defense, cloud infrastructure, data fusion, and quantum information services. During the lightning round of July 1, a caller asked about the stock, and Cramer replied:

“Oh man. They got clobbered by DOGE, and we’re not done with the clobbering. I think there’s more ahead…”

It is worth noting that Booz Allen Hamilton Holding Corporation’s (NYSE:BAH) stock has declined by nearly 25% since the above comment was aired.

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Disclosure: None. This article is originally published at Insider Monkey.