Jim Cramer was right about Carrier Global Corporation (CARR) due to stock rise and earnings report.

From Yahoo Finance: 2025-05-23 06:34:00

Jim Cramer was right about Carrier Global Corporation (CARR), citing its 16.34% stock rise and role in the data center boom. The company, valued at over $59 billion, saw a 42% total return post-United Technologies breakup. Strong leadership under Dave Gitlin led to a fantastic Q1 2025 earnings report.

Carrier Global Corporation (CARR) is excelling due to increased demand for HVAC systems in data centers and climate-focused retrofits. Cramer praised the stock after a strong Q1 2025 earnings report, highlighting CEO David Gitlin’s performance. CARR ranks 11th on Jim Cramer’s list, with potential for growth but some AI stocks may offer higher returns.

For investors seeking promising AI stocks, CARR ranks below others on Jim Cramer’s list. While CARR shows potential, some AI stocks may offer higher returns with limited downside risk. Check out the report on the cheapest AI stock for 100x upside potential. Explore the 20 Best AI Stocks and 30 Best Stocks to Buy Now for more investment options.

Read more: Was Jim Cramer Right About Carrier Global Corporation (CARR)?