Jim Cramer on Carrier Global: “You Gotta Do Some Buying”

Carrier Global Corporation (NYSE:CARR) is one of the stocks that Jim Cramer shared insight on. During the lightning round, a caller asked if it was a good time to start a position in the stock. Cramer remarked:

“The stock’s too low. You gotta do some buying. I absolutely, totally agree with you. Hey, by the way… [at] our club meeting today… It was Boeing, and we said go with the Boeing… It was a very good call.”

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Carrier Global Corporation (NYSE:CARR) supplies technologies for heating, ventilation, air conditioning (HVAC), refrigeration, fire protection, and security. The company operates across international markets. Over the past year, CARR stock has gone down more than 5%. Moreover, in May, appearing on Squawk on the Street, Cramer commented:

“And David Gitlin, Carrier, HVAC, they moved very aggressively into the data center. And ever since they moved into the data center, every one of those stocks has been crushed. But that maybe coincidental, maybe not.”

Additionally, in October 2024, discussing the company, Cramer remarked:

“There was a time when people seemed to ignore the success of David Gitlin at Carrier. Not anymore, you can’t. The stock’s getting its due. It’s now had such a big run that this climate control player may not pop on the earnings numbers, but I sure think they’re going to be strong.”

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