Jim Cramer Points to Vertiv’s Role in Cooling Systems for Data Centers

Vertiv Holdings Co (NYSE:VRT) is one of the stocks Jim Cramer shared insights on. A caller asked for Cramer’s thoughts on the stock, and he stated:

“When Jeff Marks and I were going over what we want to take out of our bullpen, what do we want to add to the bullpen? Vertiv. Why? Because when you see those data center numbers like we saw from Oracle, that is a check to Vertiv, and Vertiv does a lot of the private label making of the air conditioner for all these other companies you hear about. That’s the one I think is in the bullpen…”

Vertiv Holdings Co (NYSE:VRT) provides digital infrastructure technologies and lifecycle services for data centers, networks, and industrial environments. The company offers power management, thermal systems, modular solutions, and monitoring software. Cramer talked about the company in a July episode. He said:

“Well, we spent a lot of time today, Jeff Marks and I, and Ben Stoto, talking about how really significant that Amazon note is. Now, I happen to think Vertiv’s a fabulous company, and I believe that you’re getting a chance to buy it again… Look, Amazon makes a lot of very, very good products. They do it themselves, but I think that right now, Vertiv is really hard… Jensen Huang, by the way, went to the White House today, and you know what? I bet you, the president didn’t trash that guy. No, I bet you he congratulated him.”

While we acknowledge the risk and potential of VRT 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 VRT and that has 10,000% upside potential, check out our report about this cheapest AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

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