Jim Cramer’s Thoughts on These 17 Stocks

15. Carpenter Technology Corporation (NYSE:CRS)

Number of Hedge Fund Holders: 78

Carpenter Technology Corporation (NYSE:CRS) is one of the stocks Jim Cramer expressed his thoughts on. During the lightning round, when a caller asked about the stock, Cramer remarked:

“No, it’s too late. It’s one of my favorites. It’s a great steel company. It’s moved up, moved up, moved up, moved up. Go buy Nucor, hasn’t moved up as much… okay. I remember growing up and being very proud that that company was right near me.”

Carpenter Technology Corporation (NYSE:CRS) distributes specialty metals, including titanium alloys, stainless steels, alloy steels, tool steels, and metal powders, along with engineered metal parts. The company’s products are used in aerospace, defense, medical, transportation, energy, industrial, and consumer markets. TimesSquare Capital Management stated the following regarding Carpenter Technology Corporation (NYSE:CRS) in its second quarter 2025 investor letter:

“New to the strategy was Carpenter Technology Corporation (NYSE:CRS), which manufactures engineered metals primarily for aerospace, with some for medical devices and other specialty markets. Carpenter is part of a duopoly that supplies high-performance alloys for jet engine combustion chambers, though with overall higher margins—thanks to its other business lines—and a stronger balance sheet than its competitor. In addition, most of Carpenter’s revenues were tied to spot-market prices, rather than fixed long-term agreements, which allow for more advantageous pricing strategies in response to short-term changes in supply or demand.”