Jim Cramer Talked About These 13 Stocks

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8. Vertiv Holdings Co (NYSE:VRT)

Number of Hedge Fund Holders: 92

A caller asked if they should buy more, hold, or sell Vertiv Holdings Co (NYSE:VRT). Cramer replied:

“Oh, I like Vertiv. I like Vertiv now. It’s, it’s bounced well off the bottom, but it’s got Dave Cote as the chairman, and we have Mr. Albertazzi as the CEO. Here’s what you need to know about this, this company has incredible demand, and therefore, it’s just, if I see that kind of demand and they have good gross margins, I want to own the stock.”

Vertiv Holdings (NYSE:VRT) provides support for digital infrastructure by managing lifecycle services for data centers, communication networks, and a range of commercial or industrial systems. Hardman Johnston Global Equity Strategy stated the following regarding the company in its Q4 2024 investor letter:

“From a sector standpoint, the main drivers of the portfolio’s outperformance during the fourth quarter were Industrials and Materials. Within Industrials, Howmet Aerospace, Inc. and Vertiv Holdings Co (NYSE:VRT) were the largest contributors to outperformance. Vertiv has been a stellar performer for the past year and beyond. The global leader in data center thermal and electrical equipment continued to execute on its record backlog, with strong order flow largely related to AI-driven data center demand. Data center operators and hyperscalers are partnering with the company to develop next generation designs to optimize power and thermal efficiency. Vertiv’s global service network is uniquely positioned to help clients design and maintain these important data centers.”

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