Jim Cramer gave top insight on Carrier Global Corporation (NYSE:CARR), sharing a game plan of what to buy, sell, and hold right now. A caller asked how the company might benefit from the growing demand for “complex cooling solutions” required by the nationwide construction of data centers. Cramer replied:
No, you’re not going to, if you want to do that, that’s Vertiv. Vertiv is still the one… Carrier just doesn’t, Carrier doesn’t have the horses.
Photo by Adam Nowakowski on Unsplash
Carrier Global Corporation (NYSE:CARR) provides climate and energy solutions through its HVAC and refrigeration products and services. Cramer analyzed the stock’s performance during the episode aired on March 3, as he said:
It’s been a good year for Carrier Global, the heating, ventilation, air conditioning company, with a stock that’s up 16% so far in 2026. When Carrier reported a month ago, their top and bottom line results came in a little weaker than expected. That’s thanks to weakness in North American residential construction, we all know about that.
And their full-year forecast, I think, was justifiably a little cautious. But inside that disappointment, Carrier’s increasingly a two-speed story. The residential business is highly cyclical, and it’s still in the bust phase of the boom and bust cycle. But their commercial HVAC and aftermarket business is doing extremely well, in part because it’s got some data center exposure. Doesn’t hurt that Carrier fits the HALO rubric, heavy assets, low obsolescence. You know, we like that during the show.
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