Cummins (CMI) Is Very Important For Data Centers, Says Jim

We recently published Jim Cramer Discussed These 25 Stocks In An Important Show About AI Spending. Cummins Inc. (NYSE:CMI) is one of the stocks Jim Cramer recently discussed.

Cummins Inc. (NYSE:CMI) is one of the biggest industrial machinery companies in the world. Cramer has discussed the firm several times over the past couple of months and pointed out that the firm’s exposure to the data center industry is underappreciated. In this appearance, he shared why Cummins Inc. (NYSE:CMI) plays an important role when it comes to data centers:

Cummins Is Very Important For Data Centers, Says Jim

Photo by mitchel-willem-jacob-anneveldt on Unsplash

“Well look that’s data center and you get these, anybody who has engines that can possibly make it so that you do not have an outage. When I had Jen Rumsey on, I’m talking about heavyweight. And frankly, I don’t know how you could ever have a data center without Cummins. They are the ultimate backup. If it goes down, Oracle, if the engines go down David, I mean like look out. But this company is superior. I once was next to their engines, I did a show . . .when I went to Indiana, this company is second to none and we never talk about it.”

While we acknowledge the risk and potential of CMI as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than CMI and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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