Jim Cramer Rediscovers Love For Magnificent 7 & Discusses These 11 Stocks

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4. Carrier Global Corporation (NYSE:CARR)

Number of Hedge Fund Holders In Q4 2024: 49

Carrier Global Corporation (NYSE:CARR) is a construction products firm that sells ventilation systems and other associated equipment. As a result, the stock depends on overall construction activity and economic performance. Carrier Global Corporation (NYSE:CARR)’s shares are up by 2% year-to-date primarily on the back of a massive 11.6% jump in May. The stock soared after the firm’s strong earnings report. Here’s what Cramer had to say:

“See that behind me? Carrier, that was good. . . it had Carrier a second ago. Yeah, David Gitlin did a really good job, a lot of people were doubting. Forget that, it’s the doubters are being silenced today.”

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