15 Stocks Were Recently Put Under the Microscope By Jim Cramer

9. Dover Corporation (NYSE:DOV)

Number of Hedge Fund Holders: 47

Dover Corporation (NYSE:DOV) is one of the stocks that was recently put under the microscope by Jim Cramer. Cramer called it a real economy stock as he remarked:

“This morning, we got a very good quarter from Dover. The classic diversified industrial manufacturer has made a big pivot toward data center, aerospace, clean energy. Stock shot up more than 8% today. Good news for me, it’s a big Charitable Trust holding. Now, technically, some people will call it a mixed-to-positive quarter. Dover’s total revenue and its organic sales growth, both fell a tad shy of expectations, but they also delivered an 11-cent earnings beat off a two-dollar and fifty-one-cent basis.

Management raised their full-year earnings forecast. Remember, Dover’s the kind of real economy stock that hasn’t done as much this year as I would like, but that’s because, well, you don’t need to report a picture-perfect quarter for the stock to rally like crazy, given the stock was ready to go.”

Dover Corporation (NYSE:DOV) manufactures equipment, components, and digital solutions used across industries such as vehicle service, fueling, industrial processing, and climate technology. The company’s products include pumps, fluid handling systems, precision marking equipment, and refrigeration technologies.