Jim Cramer Recently Talked About These 15 Stocks

12. Ferguson Enterprises Inc. (NYSE:FERG) 

Number of Hedge Fund Holders: 72

Highlighting its dividend, $32 billion market cap, and forward PE ratio, a caller inquired about Ferguson Enterprises Inc. (NYSE:FERG), and Cramer said:

“Oh, I like Ferguson a lot. Now Ferguson’s part of a whole cohort of stocks that I like. They got brought down when people decided they didn’t want the data centers anymore. That’s a mistake. I think it’s in good shape.”

Ferguson Enterprises (NYSE:FERG) distributes plumbing, heating, and HVAC products, and it offers a wide range of solutions for residential, commercial, and industrial customers. The company also provides specialized services like project management, installation, fabrication, and after-sales support. Parnassus Investments stated the following regarding Ferguson Enterprises Inc. (NYSE:FERG) in its Q4 2024 investor letter:

“We also added Industrials sector holding Ferguson Enterprises Inc. (NYSE:FERG), a leading distributor of plumbing supplies and construction equipment. Ferguson’s highly efficient operations, extensive distribution networks and broad product offerings give the company clear leadership over smaller, local competitors. Ferguson’s scale advantages are expected to increase as it consolidates the fragmented industry structure. Additionally, the structural tailwinds of aging infrastructure and housing shortages should support Ferguson’s long-term organic growth. Led by a tenured management team with a strong track record, the company is well positioned going forward, we believe.”