Jim Cramer, the host of Mad Money, recently addressed some of the major events for Wall Street this week, focusing on earnings reports and investor days of various companies. With post-election jitters affecting the market, he warned investors to proceed with caution, as uncertainty looms over the economic landscape.
Cramer referred to Trump’s unpredictable nature, saying, “He is mercurial. Turns out he’s capricious.” Reflecting on the mood among investors, Cramer remarked that many were asking themselves, “What were we thinking?” as they processed the aftermath of the election.
He also noted the unsettling impact of Trump’s appointments to key administration positions, saying that “heads are turning” in response to some of these picks, and suggested that investors might soon feel the air leaving the post-election optimism that had initially lifted the market.
Cramer went on to caution that while there are certainly opportunities in individual stocks, especially in the wake of Trump’s policies, many stocks are still trading at levels far above where they were just a few months ago. He explained:
“Look, I’ve told you that there are many pitfalls with individual stocks when it comes to Trump 2.0. Most of them are buying opportunities but with stocks still up so much from a few months ago, you can’t be too eager to buy the dips.”
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Despite new stocks sparking interest, Cramer emphasized that he needed more time to assess market conditions before making any significant moves. He expressed a preference for waiting, stating that he doesn’t like to buy stocks only to watch them decline immediately after, a scenario he feels is likely if he rushes in too soon.
Cramer concluded by summarizing his outlook on the market, saying:
“So let me give you the bottom line: Even though the post-Trump rally hangover has been vicious, it still hasn’t taken most of the market down to levels where I think it makes sense to buy. Now, I just gave you some nuggets. I think they could be golden, but I think it’s more important to prepare yourself for better opportunities, at least in the near future.”
Jim Cramer Is Focused on These 15 Stocks This Week
Our Methodology
For this article, we compiled a list of 15 stocks that were discussed by Jim Cramer during the episode of Mad Money on November 15 and listed the stocks in the order that Cramer mentioned them.
Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 275% since May 2014, beating its benchmark by 150 percentage points (see more details here).
Jim Cramer Is Focused on These 15 Stocks This Week
15. GE HealthCare Technologies Inc. (NASDAQ:GEHC)
Discussing GE HealthCare Technologies Inc. (NASDAQ:GEHC), Cramer said:
“This is a stock that’s been owned by the Charitable Trust. It’s been pummeled because its former parent, GE Aerospace sold 13 million shares… and then the stock got crushed there because there were no buyers underneath. It was placed very poorly and that’s why it’s at $81. This is very strange for this incredibly high-quality medical company to fall so quickly. Now, I think they will tell a very, very good story. I think that story will resonate in part ’cause the stock’s well off its highs. That’s exactly the kind of thing that I am looking for.”
GE HealthCare (NASDAQ:GEHC) is a global leader in developing, manufacturing, and marketing a wide range of products and services aimed at supporting the diagnosis, treatment, and monitoring of patients. Management has expressed a commitment to exploring new growth opportunities and plans to elaborate on this focus during its Investor Day event, scheduled for November 21.
For the third quarter of fiscal 2024, GE HealthCare (NASDAQ:GEHC) reported mixed financial results. The company posted revenue of $4.9 billion, which fell slightly short of analysts’ expectations. However, it exceeded earnings projections, delivering an adjusted EPS of $1.14. One of the significant challenges faced by the company during this period was the impact of weaker demand in China, coupled with delays in stimulus measures, which negatively affected overall growth.
Nevertheless, the company’s focus on operational improvements paid off, as evidenced by its net income increase from $375 million to $470 million. This resulted in a rise in net income margin, which grew from 7.8% to 9.7%.
14. The Procter & Gamble Company (NYSE:PG)
Cramer said that he is looking forward to The Procter & Gamble Company’s (NYSE:PG) upcoming analyst meeting which will take place on November 21.
“The Proctor and Gamble analyst meeting. Procter does a fantastic job. Few companies explain so much to those who are thirsting for knowledge about companies themselves. Procter’s got insight in everything from China to raw costs to tariffs… I love it.”
Procter & Gamble (NYSE:PG) is a globally recognized leader in the consumer packaged goods sector. During the first quarter of the fiscal 2025 earnings call, management noted that further details on the company’s integrated strategy, which is designed to generate competitive advantages and favorable results, would be shared in greater depth at the upcoming Investor Day in November.
The company recently reported weaker-than-expected performance for the quarter, primarily due to a decline in demand from its second-largest market, Greater China. It reported adjusted earnings per share of $1.93, while revenue reached $21.74 billion. Organic sales in the region dropped by 15%, as economic factors, such as falling home prices and rising unemployment, led to reduced consumer spending. These conditions significantly impacted the sales of essential products.
Although Procter & Gamble (NYSE:PG) management remains confident in the long-term prospects of the Chinese market, they indicated that recovery in demand is unlikely to materialize in the immediate term, with a return to growth expected to take several more quarters.
13. Intuit Inc. (NASDAQ:INTU)
Intuit Inc. (NASDAQ:INTU) is one of Cramer’s favorites but he said that like many other stocks, it is one that he cannot get excited about at this point as it is too high.
“One of my absolute favorite enterprise software companies reports after the close. That’s Intuit, the small business person’s best accounting friend as well as the company behind TurboTax. Now, this is one of the best software companies that can save you a fortune if you’re a young entrepreneur who otherwise would spend a fortune on accountants. But, and this a big but, Intuit was at $610 at the beginning of the month, then it went to $714 and now it’s at $683. How can I pull the trigger on a stock that’s so close to its high yet so far from where it was just a month ago? So many stocks are like this and I just can’t get excited about ’em until they cool off. I’m willing to say no to the opportunity ’cause I don’t wanna get hurt. We wanna take the temperature of the market and the best way to do that is to listen to the stock.”
Intuit (NASDAQ:INTU) offers a wide range of financial, compliance, and marketing products and services, including business management tools, tax preparation services, personal finance platforms, and marketing automation solutions. For the full fiscal year 2025, the company has outlined an optimistic growth outlook, expecting revenue to range between $18.160 billion and $18.347 billion, reflecting a growth of approximately 12% to 13%.
In line with this, the company anticipates non-GAAP operating income to be between $7.241 billion and $7.316 billion, marking an increase of about 13% to 14%. Non-GAAP diluted earnings per share are projected to fall between $19.16 and $19.36, also reflecting growth of around 13% to 14%.
12. The Gap, Inc. (NYSE:GAP)
Cramer mentioned The Gap, Inc.’s (NYSE:GAP) CEO and commented that it has been misjudged.
“Thursday gets easier, right? Gap reports. I’d definitely be a buyer ahead of the quarter. The stock’s back to $21, I can’t believe it. CEO Richard Dickson is reinventing this place and I think it represents tremendous value for aspirational accessible apparel. Now, it’s come down, thanks to tariff worries, but I think that’s looking good. The Gap, wow. I think it’s being looked [at] through the wrong lens. I think it’s a very inexpensive stock.”
Gap (NYSE:GAP) is an apparel retailer offering clothing, accessories, and personal care products for men, women, and children. Despite facing challenges in recent years, the company has seen a positive shift in its performance. In May, it reported a significant milestone: for the first time in seven years, all four of its brands experienced growth in quarterly comparable sales.
A key factor in this turnaround has been the leadership of Richard Dickson, who became CEO of the company last year. Dickson, known for his successful transformation of Mattel’s Barbie brand, was seen as the right person to revive Gap Inc. His approach has centered on clarifying the identities of the company’s brands and recovering from the strategic missteps that had hindered growth.
Dickson’s confidence in Gap’s (NYSE:GAP) progress comes from several areas, including the success of Gap’s recent Linen Moves line, which introduced a collection of higher-quality linen clothing, and the continued strength of Old Navy. As one of the company’s most important brands, Old Navy accounts for nearly half of Gap Inc.’s total sales and has benefitted from what Dickson describes as “clarity and conviction.”
11. NVIDIA Corporation (NASDAQ:NVDA)
During the episode, Cramer predicted that NVIDIA Corporation (NASDAQ:NVDA) could have another decline like last quarter for which his advice was to not sell. Here’s what he had to say:
“Then after the close Wednesday, we get big and then bigger. Palo Alto Networks and Nvidia… I think that NVIDIA’s last quarter fallout, the huge decline that I told you to buy, not sell, it could occur again because there are so they’re just these crazy watch parties, the sunshine soldiers, the people who don’t even know what NVIDIA is or does.
You know, I love NVIDIA. I always say own it, don’t trade it. People don’t listen to me. When it goes down, they panic out, I’m trying to stop that. Now, I have to tell you, I think… if you don’t own it, just wait, okay. The stock’s struggling here for now. I saw some guy earlier on another of the show saying he’s worried about NVIDIA. Well, of course, you’re worried about NVIDIA, you always worry about the large ones but I can smell the trader nervousness. I don’t want you taking out a trader. Okay, let them sell and then you buy.”
As NVIDIA (NASDAQ:NVDA) prepares for its fiscal 2025 third-quarter earnings report, scheduled for November 20, it is gearing up for the release of its new Blackwell architecture. However, recent reports have raised concerns regarding the Blackwell architecture. On Sunday, The Information reported that the new AI chips, which had already faced delays, are encountering overheating issues when used in server racks designed to hold up to 72 chips.
This overheating problem, particularly when multiple Blackwell GPUs are connected together, has caused some customers to worry about the viability of their data centers and whether they will have enough time to get new systems up and running.
Despite these challenges, Cramer expressed confidence on Monday in NVIDIA’s (NASDAQ:NVDA) long-term prospects, suggesting that the recent dip in stock price might present a potential investment opportunity. He said:
“Maybe this time really is the top, and it’s all because of server meltdowns… I actually am more inclined to think you’re getting a buying opportunity in Nvidia thanks to The Information publishing a story that may simply not be that unless you didn’t know all that much and you parted with Nvidia as soon as the news came out.”
10. Palo Alto Networks, Inc. (NASDAQ:PANW)
Cramer highlighted that Palo Alto Networks, Inc. (NASDAQ:PANW) stock often experiences a sell-off when it reports, which could present a buying opportunity.
“Then after the close Wednesday, we get big and then bigger. Palo Alto Networks and NVIDIA. Palo Alto’s had a gigantic move, just like all the cybersecurity stocks. The stock has sometimes sold off badly when it reports, could be an opportunity.”
Palo Alto (NASDAQ:PANW) is recognized as one of the largest cybersecurity companies globally, providing a wide array of security solutions designed to protect organizations from evolving digital threats. As reported in the final quarter of fiscal 2024, the company saw a significant increase in its annual recurring revenue from its next-generation security customers. Specifically, revenue from this segment surged by 43%, reaching $4.2 billion.
The company is optimistic about the continued growth of its next-generation security platform. The company projects that its annual recurring revenue from this segment will exceed $15 billion by 2030. This forecast is underpinned by the expectation that a substantial number of its top customers will adopt a platform approach to cybersecurity in the coming years. Specifically, the company anticipates that 3,500 of its top 5,000 customers will transition to using its integrated platform solutions.
On November 19, Jefferies raised the price target on Palo Alto (NASDAQ:PANW) to $450 from $400 and kept a Buy rating. The firm expects the company to report solid Q1 results, with a modest upside to its year-over-year RPO (Remaining Performance Obligations) guidance of 19%-20%.
However, the analyst notes that weaker network security trends and moderating survey results could limit the potential upside. While Jefferies does not foresee significant growth in RPO for FY25, it remains confident in the company’s long-term consolidation strategy and its ability to generate strong free cash flow over time.
9. Williams-Sonoma, Inc. (NYSE:WSM)
Cramer commended Williams-Sonoma, Inc. (NYSE:WSM) and its CEO, saying:
“Wall Street’s sweating this Williams-Sonoma quarter because the hard goods stock seem to have stalled here, with that pickup in rates that we just had, at 16 times earnings, stock down 44 points from its high. I think it can work. Really excellent company, terrific CEO. Can catch on fire if the world believes that the Fed is gonna continue with cutting rates.”
Williams-Sonoma (NYSE:WSM) is an omni-channel specialty retailer offering a wide range of home products, including cookware, furniture, bedding, lighting, and home decor. The company adjusted its revenue forecast for the full year and it is expected to decline by 1.5% to 4%, which reflects ongoing challenges in the home furnishings sector.
Despite this, the company raised its operating margin guidance to a range of 18% to 18.4%, indicating the company’s ability to manage its operations effectively during a challenging market period. As of the end of the second quarter, it maintained a strong cash position, with $1.3 billion in cash and an operating cash flow of $246 million.
During Williams-Sonoma’s (NYSE:WSM) last earnings call, management emphasized the company’s strong performance in preparation for the holiday season, noting that its seasonal product lineup had already seen strong early demand. The company highlighted its unique offering for seasonal decor for holidays like Halloween, Thanksgiving, Christmas, and Hanukkah, which sets it apart from competitors in the market.
8. Target Corporation (NYSE:TGT)
Target Corporation (NYSE:TGT) is set to report its third-quarter earnings on November 20. Ahead of the report, Cramer said:
“Target intrigues at $152, that’s down big from $188, almost 3% yield. People are so worried about tariffs that you might want to wait and see with this one.”
Target (NYSE:TGT) is a general merchandise retailer in the U.S. offering a wide range of products, including apparel, beauty and personal care, groceries, electronics, home goods, and seasonal items. For the third quarter, it has forecasted a modest increase in comparable sales, expecting a growth range of 0 to 2%. In terms of earnings, the company anticipates GAAP and adjusted EPS to fall between $2.10 and $2.40.
Although the overall sales outlook for the year remains in line with earlier expectations, the company anticipates that the increase in comparable sales will likely come in at the lower end of its projected range. Despite this, strong performance during the first half of the year prompted the company to raise its full-year EPS guidance. The company expects full-year GAAP and adjusted EPS to be between $9.00 and $9.70, up from a previous range of $8.60 to $9.60.
On November 14, Evercore ISI analyst Greg Melich issued a negative tactical outlook on Target (NYSE:TGT) ahead of its earnings report on November 20, anticipating a potential decline in the stock to $140. As a result, the firm added the stock to its “Tactical Underperform” list.
Evercore expects a slowdown in Q3 sales trends, leading to an estimated Q3 EPS of $2.28, slightly below the consensus estimate of $2.30. While these figures are still within the upper range of the company’s guidance provided in August, the analyst expressed concerns that the decelerating comparable sales growth could continue into the fourth quarter. Evercore currently maintained an In Line rating on the stock, with a price target of $165.
7. The TJX Companies, Inc. (NYSE:TJX)
Cramer called The TJX Companies, Inc. (NYSE:TJX) a club favorite and advised caution as headlines can mislead easily.
“Wednesday, we hear from investing club favorite, TJX, that’s the parent of TJ Maxx and Marshalls. This company buys excess inventory from other retailers, the ones that would be paying the Trump tariffs if they get enacted. The stock just had a magnificent run and it has a habit of selling off when it reports so be careful. The headlines tend to be very misleading and a lot of jokers come in, they buy it and then they sell it when they finally realize that they didn’t know what they were doing.”
TJX Companies (NYSE:TJX) is a prominent off-price retailer, known for offering a diverse selection of products, including family apparel, home goods, jewelry, and more. The company operates through well-known brands such as T.J. Maxx, Marshalls, and HomeGoods, which are staples in the discount retail sector. On November 15, as per TipRanks, TD Cowen analyst John Kernan raised the price target on the company stock to $130 from $125 and kept a Buy rating.
The firm believes that the implied guidance for the company’s fourth-quarter results is conservative and that the consensus forecast of 10% EPS growth for fiscal year 2026 is attainable, especially in light of the company’s outlook issued earlier in March 2025.
For fiscal year 2025, management at TJX Companies (NYSE:TJX) has provided a forecast for comparable sales growth of approximately 3%, a projection that reflects a steady demand for its discounted offerings. Additionally, the company anticipates an average profit margin of around 11.2% for the year. Earnings per share for the full year are expected to range between $4.09 and $4.13.
6. Caterpillar Inc. (NYSE:CAT)
Cramer commented that Caterpillar Inc. (NYSE:CAT) is a great stock to buy when the Fed’s cutting rates. He said:
“Tuesday also has got a Caterpillar analyst meeting. I think it can be bought. Caterpillar’s just pulled back from $418 to $384, where I like it very much. Great Fed rate cut stock. Maybe buy some CAT here and then buy some more if the meeting doesn’t excite people.”
Caterpillar (NYSE:CAT) is a global leader in the manufacturing and sale of heavy equipment and machinery, specializing in sectors such as construction, mining, and transportation. For the third quarter of fiscal 2024, it reported sales and revenues of $16.1 billion, reflecting a 4% decline from the $16.8 billion reported in the same period of 2023.
This decrease was largely attributed to lower sales volume, which impacted overall performance. Despite the drop in sales, the company reported an adjusted profit per share of $5.17, which met the expectations set during its previous earnings call. Although the company faced challenges in certain areas, its Energy & Transportation segment performed notably well during the quarter. This segment saw a 5% increase in sales and a substantial 21% rise in profits.
Additionally, Caterpillar’s (NYSE:CAT) backlog, which represents the value of orders yet to be fulfilled, showed a slight increase, reaching $28.7 billion. This backlog remains at a healthy level, reflecting continued demand for Caterpillar’s products and services.
5. Viking Holdings Ltd (NYSE:VIK)
Cramer said that Viking Holdings Ltd (NYSE:VIK) stock is worth buying pre and post-earnings.
“Okay, I’ll give you something that might be worth buying, both before and after earnings. It’s Viking. Yes, Viking Holdings. The cruise stocks have been fantastic, haven’t they? This one’s a little behind the others, even if it’s had a big run. I buy more on Monday.”
Viking Holdings (NYSE:VIK) is a prominent player in the passenger shipping and transport sector. In addition to passenger transport, it also engages in tourism, offering passengers a range of tour experiences and related activities. In September, the company celebrated a significant achievement with the Viking Yi Dun’s return to China, marking the ship’s first voyage from Shanghai to Hong Kong (Shenzhen).
This voyage was not only a symbolic return but also introduced new itineraries that offer domestic sailings along China’s coast. These itineraries feature rarely-visited destinations and ports that are exclusively accessible to the company, providing international travelers with unique access to places that have never before been offered to them.
The company recently released its financial results for the third quarter and it reported a total revenue of $171.9 million, marking an 11.4% increase compared to the same period in 2023. In addition, adjusted EBITDA rose by 15.3%, reflecting improvements in operational efficiency and financial performance. The company also achieved a notable turnaround in profitability, reporting net income of $374.8 million for the third quarter, a substantial recovery from a net loss of $1,238.2 million in the same quarter of the previous year.
Viking Holdings (NYSE:VIK) Core Products have seen strong demand for the upcoming seasons. As of November 3, 2024, 95% of the Capacity Passenger Cruise Days (PCDs) for the 2024 season had already been sold, and for the 2025 season, 70% of the capacity has been booked.
Torstein Hagen, Chairman and CEO, commented on the company’s strategy, noting that with the 2024 season’s capacity largely sold, Viking’s sales and marketing efforts have now shifted focus toward the 2025 season and beyond. Leah Talactac, CFO, echoed this sentiment, highlighting the strong sales momentum and the positive trends in both booking volumes and rates for future seasons.
4. Medtronic plc (NYSE:MDT)
Talking about Medtronic plc (NYSE:MDT), Cramer said:
“Worth watching, Medtronic reports too. I really like the new Medtronic with so many good medical devices, some of which are very successfully integrating artificial intelligence. It has been a winner.”
Medtronic (NYSE:MDT) develops and sells medical devices and therapies across various segments, including cardiovascular, neuroscience, medical-surgical, and diabetes, offering products. The company recently reported its financial results for the second quarter of fiscal year 2025, reflecting solid growth across various business segments.
The company achieved total revenue of $8.4 billion, marking an increase of 5.3% compared to the previous year. This growth was accompanied by a notable rise in profitability, with GAAP net income reaching $1.270 billion, up by 40%, and diluted earnings per share (EPS) increasing 46% to $0.99.
Medtronic’s Cardiovascular division saw substantial performance, with revenue of $3.102 billion, up 6.1% from the prior year. This segment remains a significant contributor to the company’s overall financial results. Meanwhile, the Neuroscience Portfolio posted strong results as well, generating $2.451 billion in revenue, an increase of 7.1%.
Medtronic’s (NYSE:MDT) Medical Surgical Portfolio also contributed positively, with revenue rising 1.2% to $2.128 billion. Additionally, the Diabetes segment reported a particularly strong performance, with revenue reaching $686 million, a 12.4% increase.
3. Lowe’s Companies, Inc. (NYSE:LOW)
Cramer said that Lowe’s Companies, Inc. (NYSE:LOW) is similar to Home Depot and performs well when the Fed cuts rates.
“Now Lowe’s is another terrific story. It’s a home improvement company, that’s one of the best there is. We have known Home Depot for the Charitable Trust, but Lowe’s has a very similar story and it’s one that tends to do very well when the Fed’s cutting interest rates.”
Lowe’s (NYSE:LOW) is a U.S.-based home improvement retailer offering a wide range of products for construction, maintenance, repair, remodeling, and decorating. The company reported third-quarter earnings on Tuesday, that exceeded analysts’ expectations for both earnings and revenue.
The company posted adjusted diluted earnings per share of $2.89, beating forecasts. Total revenue reached $20.2 billion, surpassing estimates, though it marked a 1.5% decline compared to the previous year. A 1.1% drop in comparable sales was attributed to weaker demand in the DIY segment.
However, Lowe’s (NYSE:LOW) saw significant growth in online sales during the quarter, which helped offset the decline in DIY sales, particularly in large-ticket items. The company also experienced high single-digit sales growth among professional contractors, driven by its targeted offerings and successful loyalty programs. In the quarter, the company bought back around 2.9 million shares for $758 million and paid out $654 million in dividends.
2. Walmart Inc. (NYSE:WMT)
Cramer discussed Walmart Inc. (NYSE:WMT) stock’s recent performance and said:
“Now Walmart’s had an amazing ride. It’s up 60% this year. It’s almost in a straight line. This is a big cap company, up 60%. Wait a second, that’s amazing. Now this is the kinda stock where we need to see some sort of pullback before we get too excited.
I think we reached a short term top this week in the stock so I don’t wanna plunge in and just start buying it right now. Even though the great ones like Walmart are going to continue to be good, don’t get me wrong. I bet the numbers will be excellent. Maybe they can even turbocharge the stock from here. But up here for me, you only have my blessing to put a small position on it.”
Walmart (NYSE:WMT) is a well-known name in retail and eCommerce, offering a diverse selection of products ranging from groceries and health and wellness items to home goods, electronics, apparel, and private label merchandise. The company reported its fiscal 2025 third-quarter results on Tuesday, revealing strong growth across several key areas, including revenue, operating income, and e-commerce.
Walmart’s (NYSE:WMT) adjusted earnings per share came in at $0.58, surpassing analysts’ expectations. Quarterly revenue also exceeded forecasts, reaching $169.6 billion, reflecting a 5.5% year-over-year increase, largely driven by the success of its omnichannel strategy. Operating income grew by 8.2% to $6.7 billion, supported by effective cost-control measures and better gross margins. Additionally, the company’s international sales saw a notable 12.4% rise on a constant currency basis, with strong performances in regions such as Walmex and Flipkart.
1. Vertiv Holdings Co (NYSE:VRT)
Cramer likes Vertiv Holdings Co (NYSE:VRT) and its chairman but mentioned that the stock is high and recommended waiting for weakness in the stock before buying.
“It’s a pure play data center supplier. It’s a fantastic company with an amazing chairman, Dave Cote… and I like it very much. No Trump issues, but like so many other good stocks, Vertiv’s at $120, not far from the $130 high it reached on Monday. You could put a starter position on here, but I’d rather wait for a little more weakness.”
Vertiv (NYSE:VRT) designs and provides critical infrastructure solutions, including power management, thermal systems, and monitoring products for data centers, communication networks, and industrial environments. During an Investor Event held on Monday, it revealed an expansion of its liquid cooling portfolio, introducing two new CoolChip CDU (Cooling Distribution Unit) systems tailored for AI applications.
The CoolChip CDU 2300kW, a liquid-to-liquid system, provides an impressive 2.3 MW cooling capacity, offering the highest capacity per square foot in the industry. In addition, the company introduced the CoolChip CDU 350kW, a liquid-to-air cooling solution that operates without requiring facility chilled water systems.
On the same day, Vertiv (NYSE:VRT) revealed a partnership with Compass Datacenters, a company that designs, builds, and operates data center campuses for some of the world’s largest technology firms. Together, the two companies are developing a novel cooling solution that allows for flexible deployment between air and liquid cooling systems. This solution is specifically designed to support high-density computing environments, such as those required for AI applications.
Vertiv’s role in this collaboration is to develop and manufacture the cooling technology, while Compass will integrate it into its data center operations. The first units of this new system are scheduled for deployment at a Compass facility in the first quarter of 2025, marking the beginning of what is expected to be a multi-year, multi-billion dollar supply agreement between the two companies.
While we acknowledge the potential of Vertiv Holdings Co (NYSE:VRT) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter timeframe. If you are looking for an AI stock that is more promising than VRT but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.
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