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Kaiser Aluminum Corporation (NASDAQ:KALU) was among the stocks Jim Cramer covered on Mad Money as he discussed the wave of IPOs being the market’s possible biggest threat. Toward the end of the lightning round, responding to a caller’s query about the company, Cramer said:
Kaiser Aluminum is just up on such a spike. I know it’s absolutely terrific, and aluminum’s got all the tariff stuff going for it, but I can’t recommend it. It’s just straight up. I’m sorry.
Stock market data. Photo by Burak The Weekender on Pexels
Kaiser Aluminum Corporation (NASDAQ:KALU) manufactures and sells semi-fabricated specialty aluminum products, including flat-rolled plates, extruded shapes, and drawn tubes. The company reported its Q1 2026 results on April 22, posting a non-GAAP EPS of $3.74, outperforming estimates by $1.78. Its revenues were up 41.6% year-over-year at $1.1 billion, beating estimates by $100.1 million.
For the full year 2026, Kaiser Aluminum Corporation (NASDAQ:KALU) expects 10% to 15% improvement in conversion revenue and 20% to 30% in adjusted EBITDA.
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