Vertiv (VRT)’s Producs Are The “Gold Standard,” Says Jim Cramer

We recently published 10 Latest Stocks Jim Cramer Talked About. Vertiv Holdings Co (NYSE:VRT) is one of the stocks Jim Cramer recently discussed.

Vertiv Holdings Co (NYSE:VRT) continues to be one of Cramer’s top stocks in the data center space. In this appearance, he shared how the firm’s air conditioning systems have positioned it in the industry:

Kappri/Shutterstock.com

“Well Vertiv was just, I mean 16% growth. I had the CEO of Vertiv on, remember Dave Cote is the chairman, but Albertazzi. And he’s just talking, here we with an all time high, that is one of the, that story is incredible. Now people have to realize, when you go into the data center, it’s really hot. And then it’s freezing. And the freezing is because they use these machines called Liebert air conditioners. I first saw them in biotech companies. That is the gold standard, is Liebert. And Liebert, which was the division of Emerson was sold ultimately to a SPAC, which then became Vertiv. This was the first SPAC. And it was a Goldman SPAC. They knew what they were doing. I went to hear the guy speak, and the stock was like at 35, because look this thing, the data center, this could be good for us. Good call.”

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.