Jim Cramer’s Recent Responses to Questions About 12 Stocks

8. Iron Mountain Incorporated (NYSE:IRM)

Number of Hedge Fund Holders: 47

Iron Mountain Incorporated (NYSE:IRM) is one of the stocks Jim Cramer recently answered questions about. Noting that there has been a landslide in the stock, a caller mentioned that they have been crushed and asked what they should do. Here’s what Cramer had to say:

“Yeah. I mean, people are really trying to rethink, that stock’s being rethinked… on the fly and in a very negative way. I think it’s got a 4% yield now, that’ll probably hold. But if it rallies at all, I do want you to sell it. I just don’t see the upside.”

Iron Mountain Incorporated (NYSE:IRM) provides solutions that help organizations manage, secure, and extract value from their physical and digital assets. Baron Real Estate Fund stated the following regarding Iron Mountain Incorporated (NYSE:IRM) in its third quarter 2025 investor letter:

“In the third quarter, we initiated a new REIT position in Iron Mountain Incorporated (NYSE:IRM), as its shares offered a compelling valuation level combined with attractive long-term growth prospects. Iron Mountain offers record storage management along with an evolving fast-growing data center segment.

We have continued to meet with CEO Bill Meany and CFO Barry Hytinen and remain encouraged by the company’s prospects to increase overall cash flow per share by approximately 10% over the next several years, far more than our growth expectations for most other REITs. The company’s strong growth outlook is underpinned by predictable and stable growth in its core records management business, while outsized growth is driven by its data center business which has visibility to more than the triple operational capacity from today’s in-place base. Further, the company’s asset life cycle management business continues to grow at more than 20% year-over-year with opportunities to further consolidate the fragmented market.”