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Fortive Corporation (FTV) Is A “Great” Company, Says Jim Cramer

Fortive Corporation (NYSE:FTV) is one of the Jim Cramer Discusses US-China Trade War & These 10 Stocks.

Fortive Corporation (NYSE:FTV) is also an industrial products company. The firm sells testing, compliance, and measurement equipment to the industrial, automotive, healthcare, and other industries. Fortive Corporation (NYSE:FTV)’s shares have lost 6.4% year-to-date, primarily on the back of a 15.8% drop after April’s Liberation Day tariff announcements. Since then, the stock has gained 11.3% but is yet to reclaim its previous high. Over the year, Fortive Corporation (NYSE:FTV)’s shares are also down by 6%. Cramer’s comments about Fortive Corporation (NYSE:FTV) were brief as he mentioned the firm after it rang the opening bell:

“Now those are two great companies. They do well, they have a, remember this Fortive was a spin-off of Danaher.”

A technician checking a calibration tool in a laboratory environment.

Mar Vista Investment Partners, LLC mentioned Fortive Corporation (NYSE:FTV) in its Q3 2024 investor letter. Here is what the fund said:

“Fortive Corporation (NYSE:FTV) was sold during the quarter for violating our investment criteria. The company had been plagued by an inability to forecast their business fundamentals, which lead to chronic under achievement of quarterly revenue and earnings expectations. The second quarter was the final earnings report within our provisional timeline for the company to cure the issues and show progress. After failing to deliver on our financial expectations, we sold the shares.”

While we acknowledge the potential of FTV as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

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

The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

And here’s the wild part — this $250 trillion wave isn’t tied to one company, but to an entire ecosystem of AI innovators set to reshape the global economy.

It’s a leap so massive, it could reshape how businesses, governments, and consumers operate worldwide.

Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

How could anything be worth that much?

The answer lies in a breakthrough so powerful it’s redefining how humanity works, learns, and creates.

And this breakthrough has already set off a frenzy among hedge funds and Wall Street’s top investors.

What most investors don’t realize is that one under-owned company holds the key to this $250 trillion revolution.

In fact, Verge argues this company’s supercheap AI technology should concern rivals.

Before I reveal the details, let’s talk about how some of the richest people on the planet are positioning themselves.

  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

When billionaires from Silicon Valley to Wall Street line up behind the same idea — you know it’s worth paying attention to.

Even as we admire what Tesla, Nvidia, Alphabet, and Microsoft have built, we believe an even greater opportunity lies elsewhere…

But the real story isn’t Nvidia — it’s a much smaller company quietly improving the critical technology that makes this entire revolution possible.

And judging by what I’m hearing from both Silicon Valley insiders and Wall Street veterans…

This prediction might not be bold at all:

A few years from now, you’ll wish you’d owned this stock.

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