Jim Cramer on Carrier: “Their Commercial Business is on Fire”
Group 1 - Carrier Global Corporation reported in-line sales with a solid earnings beat, but experienced surprising softness in its residential business due to weak housing market conditions [1] - The commercial business of Carrier Global is performing exceptionally well, particularly in climate control and data center solutions [1] - Jim Cramer expressed confidence in Carrier Global's stock, suggesting it is undervalued and encouraging buying [2] Group 2 - Carrier Global provides climate and energy solutions through its HVAC and refrigeration products and services [2] - There is a belief that certain AI stocks may offer greater upside potential compared to Carrier Global, indicating a competitive investment landscape [2]