Jim Cramer on AES: “I’ve Taken a Liking to It Down Here”

The AES Corporation (NYSE:AES) is one of the stocks Jim Cramer expressed thoughts on. A caller asked what Cramer thinks of the company given the “huge data center demand,” and he replied:

“It’s always been disliked, and you know what? I’ve taken a liking to it down here. I think you’ve got a buying opportunity in AES.”

Photo by Joshua Mayo on Unsplash

The AES Corporation (NYSE:AES) produces and sells electricity as the company operates a large portfolio of energy assets. Sound Shore Management stated the following regarding The AES Corporation (NYSE:AES) in its second quarter 2025 investor letter:

“Conversely, power generator The AES Corporation (NYSE:AES) has been hampered by prospective changes to investment tax credits for renewable energy sources, as policy changes once again froze market participants. This is despite the company having a customer base that continues to place orders for renewable systems to power data centers, regardless of the tax situation. (Post-quarter note – on July 9th, AES was rumored to have also received interest from private equity and infrastructure funds and the stock gained on the possibility of a takeover.)”

While we acknowledge the risk and potential of AES 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 AES 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.