Jim Cramer on Vertiv Holdings: “What a Stock, What a Company”

Vertiv Holdings Co (NYSE:VRT) is one of the stocks Jim Cramer discussed amid the reshuffling of the S&P 500. The Mad Money host noted that it is a “Cramer fave,” as he remarked:

First, there’s Cramer fave Vertiv, which makes power and cooling equipment, especially for the data center. Since Vertiv came public through a SPAC merger just over six years ago, the stock has rallied over 1,950%, and it’s been profitable for five full years with a market capitalization now in excess of $101 billion, wow. Purely on the basis of size, it would’ve been very hard for S&P Global to keep Vertiv out of the index. What a stock, what a company.

A stock market data. Photo by AlphaTradeZone on Pexels

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 February 23 episode, a caller inquired about the stock, and Cramer responded:

Well, Vertiv’s the best one. No, Vertiv’s the best. I love Vertiv. That’s, of course, the chairman of that is Dave Cote. It just had a very big jump, so it might pull back because the market’s gotten ugly. But just be aware, it’s a very good company.

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