Jim Cramer Highlights Vertiv’s Huge Run

Vertiv Holdings Co (NYSE:VRT) was among the stocks Jim Cramer looked at as he explained the need for a tame bond market for the stock market to go higher. Cramer expects to hear good things and highlighted the stock’s run, as he said:

Vertiv, which makes cooling equipment for the data center, has an investor meeting. I expect to hear good things, but the stock’s up huge, so it might not matter.

Photo by Yiorgos Ntrahas on Unsplash

Vertiv Holdings Co (NYSE:VRT) designs, manufactures, and manages power and cooling systems for data centers and digital networks. The company also provides services to keep these systems running smoothly and efficiently. During the lightning round of the May 12 episode, a caller asked about the stock, and Cramer replied:

Okay, here’s what I want you to do with Vertiv. I think they’ve got great orders. I think if you want to put a position on, you buy half and then you wait for a decline. If it doesn’t decline, that’s too bad because the stock is just, it is just a tiger right now, and I don’t want you to get burned.

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