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Prologis (PLD) CEO Says Energy is Key For Data Center Buildout, Says Jim Cramer

We recently published 10 Stocks on Jim Cramer’s Radar.  Prologis, Inc. (NYSE:PLD) is one of the stocks on Jim Cramer’s radar.

Cramer discussed warehouse real estate firm after speaking with the firm’s CEO on Mad Money. Prologis, Inc. (NYSE:PLD)’s shares have gained 23% year-to-date and the firm has seen several analysts share their thoughts about it in the meantime. For instance, BMO Capital upgraded the shares from Underperform to Market Perform and set a $119 share price target for Prologis, Inc. (NYSE:PLD) in October. The firm pointed out that the real estate company had transformed its data center business to an ownership model. During the same month, Truist raised Prologis, Inc. (NYSE:PLD)’s share price target to $131 from $120 and kept a Buy rating on the shares. The upgrade came after the firm’s third-quarter earnings report. More recently, BofA raised the share price target to $144 from $137 and kept a Buy rating. Ahead of his interview with Prologis, Inc. (NYSE:PLD) CEO Hamid Moghadam, Cramer wondered whether the stock was worth buying. In this appearance, he discussed the CEO’s comments about the data center buildout. With energy proving to be the biggest barrier to big tech’s AI ambition, Cramer revealed that Moghadam believes it might prevent excessive data center construction:

“I had the king of warehouses, on last night. Hamid Moghadam from Prologis. And he’s saying, the gating factor of energy is going to make it so we don’t overbuild.”

While we acknowledge the risk and potential of PLD as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than PLD and that has 10,000% upside potential, check out our report about this cheapest AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.

The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

And here’s the wild part — this $250 trillion wave isn’t tied to one company, but to an entire ecosystem of AI innovators set to reshape the global economy.

It’s a leap so massive, it could reshape how businesses, governments, and consumers operate worldwide.

Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

How could anything be worth that much?

The answer lies in a breakthrough so powerful it’s redefining how humanity works, learns, and creates.

And this breakthrough has already set off a frenzy among hedge funds and Wall Street’s top investors.

What most investors don’t realize is that one under-owned company holds the key to this $250 trillion revolution.

In fact, Verge argues this company’s supercheap AI technology should concern rivals.

Before I reveal the details, let’s talk about how some of the richest people on the planet are positioning themselves.

  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

When billionaires from Silicon Valley to Wall Street line up behind the same idea — you know it’s worth paying attention to.

Even as we admire what Tesla, Nvidia, Alphabet, and Microsoft have built, we believe an even greater opportunity lies elsewhere…

But the real story isn’t Nvidia — it’s a much smaller company quietly improving the critical technology that makes this entire revolution possible.

And judging by what I’m hearing from both Silicon Valley insiders and Wall Street veterans…

This prediction might not be bold at all:

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