We recently published 14 Stocks Jim Cramer Discussed As He Went “All In” On Quantum Computing. Dover Corporation is one of the stocks Jim Cramer recently discussed.
Dover Corporation is an industrial machinery company. Cramer’s comments about the firm came in the context of industrial stocks and Honeywell’s share price movement after its latest earnings. Honeywell shares dropped as investors wondered whether the firm would experience business health in 2025, and Dover Corporation’s shares dropped by 2.2% after the firm’s second-quarter earnings. The stock fell despite a revenue and earnings beat, which led Cramer to criticize the sellers:
“And I’m going to throw in a third one. Dover. With another unbelievable quarter. Very big guide up. Stock is down. Whoever is selling these, things Carl, they’re not trying to paint the tape. They just don’t understand how stocks work. Because we have real major industrial companies that are doing incredibly well. And it’s almost like if they’re not merging, we don’t want to own them, if they’re not AI, we don’t want to. own. They’re other things worth owning. . . Dover’s worth buying, right here. . . Dover, Honeywell beat and raise.”
Cramer recently discussed Dover Corporation’s exposure to data centers. Here’s what he said:
“No I mean data centers are the story again. Pennsylvania data centers. The building of them would be CoreWeave, the President’s going to Pennsylvania. Pennsylvania being a hub for all these. Everyone wants to play the parts of data center again. It really cooled in April. No one cared. The stocks got killed. . .I think that you can go back to these stocks. . .You just want to own Dover which is a stock we own for the charitable trust, besides Eaton which is there. You want to be there again, because the building is continuing and I just feel like, wow it’s a pretty good time.”
READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.
This article is originally published at Insider Monkey.
