Jim Cramer Calls Vertiv a “Fabulous Company”

Vertiv Holdings Co (NYSE:VRT) is one of the stocks Jim Cramer shared his thoughts on. Noting that the stock went down in response to Amazon’s recent liquid cooling innovation announcement, a caller inquired about the company. Cramer replied:

“Well, we spent a lot of time today, Jeff Marks and I, and Ben Stoto, talking about how really significant that Amazon note is. Now, I happen to think Vertiv’s a fabulous company, and I believe that you’re getting a chance to buy it again… Look, Amazon makes a lot of very, very good products. They do it themselves, but I think that right now, Vertiv is really hard… Jensen Huang, by the way, went to the White House today, and you know what? I bet you, the president didn’t trash that guy. No, I bet you he congratulated him.”

Jim Cramer Calls Vertiv a "Fabulous Company"

A close-up of a group of technicians working on complex data center systems.

Vertiv (NYSE:VRT) provides power and thermal management systems, modular solutions, and monitoring software for digital infrastructure. The company also offers lifecycle services that support applications like e-commerce, online banking, IoT, and gaming.

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