Jim Cramer Calls This Stock 'An Unbelievable Infrastructure Play': It's Up 43% In Past Year

On CNBC’s "Mad Money Lightning Round," Jim Cramer said Carrier Global Corporation CARR is just an "unbelievable infrastructure play, I think it’s terrific." CARR is up 29% YTD and over 43% in the past year.

Becton, Dickinson and Company BDX has got "good dividends, they’re a global company, and they’ve got large, institutional investors. And they got great earnings, and I think it’s terrific," Cramer said.

"This has been my favorite, unbelievable," Cramer said when asked about Enterprise Products Partners L.P. EPD. "It has a 7% yield, it’s an incredible pipeline company, I think it’s terrific."

Don’t forget to check out our premarket coverage here

The "Mad Money" host said Arista Networks, Inc. ANET reported an "unbelievable quarter, and the answer is, Nittany Lion, absolutely. It’s like a new Penn State quarterback."

When asked about Dutch Bros Inc. BROS, he said, "They are over expanding, they ought to cool it and just slow down. But don’t own the stock."

Price Action: Shares of Dutch Bros fell 2% to close at $24.82, while Arista Networks lost 1.1% to $182.75 on Wednesday. Enterprise Products Partners shares gained 0.8% to settle at $27.21, while Becton, Dickinson gained 0.4% to close at $267.13 on Wednesday. Carrier Global shares slipped 0.04% to settle at $53.83 during the Wednesday’s session.

Now Read This: Top 4 Health Care Stocks That Could Lead To Your Biggest Gains In Q3

Photo: Shutterstock

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: Long IdeasNewsSmall CapMarketsMediaTrading IdeasCNBCJim Cramermad money Lightning Round
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...