Jim Cramer Says “Vertiv’s the Best, I Love Vertiv”

Vertiv Holdings Co (NYSE:VRT) is one of the stocks that was on Jim Cramer’s radar recently. Starting the lightning round, a caller inquired about the stock, and Cramer commented:

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.

Stock market data. Photo by Burak The Weekender 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 January 20 episode, a caller asked whether NVIDIA’s newer chips will affect the company, and Cramer responded:

No, my understanding is you’re still going to need Vertiv. You’re still going to need Vertiv, which has the Liebert… system that I don’t think they’re going to stay away… Vertiv is going to still be used… and we also think that Eaton’s going to be used. These are all part of this process of getting electricity… and cooling them. So I’m not backing away from any of those. However, understand… this market does not like the data center at this very moment, and all those I just mentioned are data center plays.

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