Jim Cramer on Vertiv: “I Like the Company Very Much”

Vertiv Holdings Co (NYSE:VRT) was one of the stocks on Jim Cramer’s recent Mad Money game plan. Cramer said that the stock’s elevated levels make him want to be “careful,” and went on to say:

Next up, Vertiv’s had a huge run. The company just, it provides the non-semiconductor innards, a lot of air cooling. It’s reported some excellent quarters of late and roared higher on each one. But I don’t think I’ve ever seen the stock up almost 90% just for this year before it reported. That makes me want to be careful, okay? And I like the company very much.

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.

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