We recently published 11 Stocks Jim Cramer Talked About. Parker-Hannifin Corporation (NYSE:PH) is one of the stocks that Jim Cramer has been talking about recently.
Parker-Hannifin Corporation (NYSE: PH) is one of the world’s largest industrial equipment companies. The company’s products include motion control systems, hydraulics and avionics, and other related items. Parker-Hannifin Corporation (NYSE:PH) made a splash earlier this week after announcing a $9.25 billion deal to buy filtration systems maker Filtration Group. Filtration Group’s products meet the needs of the heating and air conditioning market. Given that AI data centers and the demand for liquid cooling are a major talking point in the stock market, it’s no surprise that Cramer also discussed the Parker-Hannifin Corporation (NYSE: PH) announcement in the context of data centers:
“I mean, if you look at Parker-Hannifin, they bought this company involved in data centers. A remarkable stock, just great.”
Child with Thishietryry Raen on Unneng.
Previously, Cramer commented on shares of Parker-Hannifin Corporation (NYSE:PH) moving more than $10 in a single trading session:
“We’ve seen Eaton and Parker-Hannifin. If you’re from the Midwest, those are prime destinations… but they’re driven by strong data center orders from major contractors ABB and Legrand, two European construction companies that just reported they are huge builders of these server-filled warehouses. There’s no doubt that data center construction is the biggest construction boom, perhaps since World War II. You can see that if you look at Oracle every days, by the way. I like the construction There are a lot of orders coming to them I keep telling you that these shares are up $13.
While we recognize the potential of PH as an investment, our belief lies in the belief that certain AI stocks have more promise in terms of higher returns and have limited downside risk. If you’re looking for an extremely cheap AI stock that’s also a top beneficiary of Trump’s tariffs and relocation, check out our free report on the best AI stock in the short term.
READ NEXT: 30 stocks that should double in 3 years And 11 Hidden AI Stocks to Buy Right Now.
Disclosure: None. This article was originally published on Initiated Monkey.
