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Power Solutions International, Inc. (NASDAQ:PSIX) was among the stocks Jim Cramer talked about as he discussed the recent rally in several AI-related stocks. Noting that the last reported quarter was “terrible” and that the company lowered guidance, a caller asked whether they should hold, buy more, or sell their position in the stock. Cramer commented: […]
Power Solutions International, Inc. recently reported past first-quarter 2026 results showing net sales of US$128.59 million and net income of US$7.3 million, both lower than a year earlier, as softer demand and elevated production costs weighed on performance. At the same time, multiple securities class action lawsuits were filed alleging that the company misrepresented its ability to capture data center demand and underplayed manufacturing inefficiencies, adding legal uncertainty to its...
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