Jim Cramer Was Recently Asked About These 8 Stocks

3. Vertiv Holdings Co (NYSE:VRT)

Number of Hedge Fund Holders: 102

Vertiv Holdings Co (NYSE:VRT) is one of the stocks Jim Cramer was recently asked about. Highlighting the cooling system failure at a data center of CME Group, a caller asked if it could affect Vertiv. Cramer replied:

“Well, I think Vertiv actually opened down today because people felt that they were somehow involved with what happened with CyrusOne. All I know about Vertiv is their order book is really full. You need Vertiv. That’s Liebert. That’s the best cooling system. Everybody knows I first started buying Liebert in the 1980s, and that was the highest, best form of air conditioning. That’s what Vertiv is. That’s why everybody loves it. And by the way, I think it’s a buy right here.”

Vertiv Holdings Co (NYSE:VRT) makes 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. Cramer highlighted the company’s last quarter during the October 22 episode. He remarked:

“We saw the same thing with Vertiv… This is a stock that goes up 54% coming into the quarter. Terrific return. The company reported an amazing, a shockingly great number, but I don’t know a soul who follows this company who didn’t expect a monster quarter. When you expect a monster quarter and you get a monster quarter, it won’t be enough to move the stock.

So after Vertiv opened up 10 points, it then plummeted 20 points because their monster quarter wasn’t the kind of super duper monster quarter… Organic orders up 60%. That’s crazy good. I was expecting crazy good, though, which is why the stock still got… [stung] because we got crazy good… Once again, you need to know that nothing’s wrong with Vertiv except the fact that the stock was already up a lot coming into the session.”