Jim Cramer Calls Hubbell a “Fantastic American Industrial Company”

Core Viewpoint - Hubbell Incorporated (NYSE:HUBB) is recognized as a strong American industrial company, with a recent recommendation to hold rather than buy due to its significant price increase [1]. Company Overview - Hubbell Incorporated designs, manufactures, and sells a diverse range of electrical products, including wiring devices, lighting fixtures, industrial controls, communication systems, and utility infrastructure products [1]. - The company has shifted its portfolio focus from traditional commercial construction markets to the power grid and utility markets, which now account for over two-thirds of its sales [1]. Recent Developments - The appointment of a new CFO has been noted, indicating potential changes in company strategy or operations [1]. - Heartland Advisors initiated a new Quality Value position in Hubbell during the second quarter of 2025, highlighting its status as a leading electrical component manufacturer [1]. Strategic Actions - Over the past decade, Hubbell has implemented self-help actions to reduce exposure to construction spending cycles by simplifying its product offerings and consolidating 15% of its footprint [1]. - The company has rationalized underutilized assets, creating flexible capacity to target faster-growing markets [1].