Carrier Global Corporation (NYSE:CAR) is one of the shares Jim Cramer shared his thoughts on. A caller asked if they should maintain their position in the stock or sell it. In response, Cramer said:
I think Dave Gitlin is doing a good job. Made an acquisition. Some people don’t like it… You know, relying on Europe turned out to be a riskier thing, and he relied on Europe, but he’ll get through it just fine. I think you buy it now and keep it.
Photo by Artem Podrez on Pexels
Carrier Global Corporation (NYSE:CARR) offers climate and energy solutions through its refrigeration and HVAC products and services. Cramer noted that he really likes the company during the episode that aired on October 28, 2025. He commented:
Speaking of housing, Carrier Global, a company I really like, reported this morning. While the HVAC company delivered sales in line with a solid earnings beat and, by the way, has a good data center business, there was some surprising weakness in its residential business… Now, its commercial business is on fire, all right. It is in charge of climate control and the data center. It’s the residential division, it was surprisingly weak, but again, housing is weak, so it’s going to be weak.
While we recognize CARR’s potential as an investment, we believe certain AI stocks offer greater growth potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that’s also benefiting significantly from Trump-era tariffs and the offshoring trend, check out our free report on best short-term AI stock.
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 in Internal jumpsuit.