Electric vehicles stocks have been emerging as a popular play with investors. And like other stocks, they will sometimes trade in sympathy with each other. (For those who don't know, a sympathy play is a trade or investment that can be made in order to capture similar exposure to a theme or sector.)
MasterCraft Boat Hldgs (NASDAQ:MCFT) reported its Q2 earnings results on Thursday, February 3, 2022 at 07:30 AM.
Here's what investors need to know about the announcement.
MasterCraft Boat Hldgs (NASDAQ:MCFT) reported quarterly earnings of $0.91 per share which beat the analyst consensus estimate of $0.83 by 9.64 percent. This is a 21.33 percent increase over earnings of $0.75 per share
On CNBC's "Mad Money Lightning Round," Jim Cramer said Mastercraft Boat Holdings Inc (NASDAQ: MCFT) is held hostage by the belief people are not going to buy boats as COVID-19 winds