Jim Cramer on IES Holdings: “I Think That Stock’s a Buy”

IES Holdings, Inc. (NASDAQ:IESC) is one of the stocks Jim Cramer recently talked about. Answering a caller’s query about the stock during the lightning round, Mad Money’s host said:

“I gotta tell you, there is a stock I want to own. Jeffrey Gendell is the CEO. He is one of the best in the business. I really like him as a person, too. I think that stock’s a buy, and you are so smart to bring it to our viewers. I really appreciate it.”

A person with stock market data on a laptop. Photo by Anna Nekrashevich on Pexels

IES Holdings, Inc. (NASDAQ:IESC) provides electrical, technology, and infrastructure services across residential, commercial, and industrial projects. The company covers everything from communications systems and HVAC work to motor repair, power distribution products, and renewable-energy installations. During the lightning round of September 15 episode, a caller inquired about the stock and Cramer responded:

“I know that electrical contractor, that again, is going higher because it is data center. Do you see the pattern, everybody?”

While we acknowledge the risk and potential of IESC 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 IESC 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.