Jim Cramer Calls Johnson Controls a "Very Good Company"

Johnson Controls International plc (NYSE:JCI) is one of the stocks Jim Cramer recently gave takes on. A caller asked for Cramer’s short-term and long-term outlook on the stock. He replied:

“Johnson Controls has done a very good job of moving into the data center. I do like Vertiv more, but Johnson Controls is a very good company, and it didn’t used to be.”

Johnson Controls International plc (NYSE:JCI) delivers HVAC, refrigeration, fire, security, and smart building technologies. In addition, the company provides energy efficiency solutions, maintenance, and technical services for commercial, industrial, and government clients.  During a June episode, Cramer said that the stock has been “strong now for ages,” as he commented:

“Then, if you want to stretch things, let’s roll in Johnson Controls. Yeah, HVAC, right? It creates big cooling systems. Very much needed to keep data centers from overheating. Sometimes, I think that they just got really lucky to have this business. Stock’s been strong now for ages, it might be a collateral play on what… [has] been the most potent stock in the market, CoreWeave, which closed yesterday as a four-bagger from its recent IPO before pulling back hard today. It’s kind of a bit of a meme stock. Yeah, you know what that is.”

While we acknowledge the potential of JCI as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the 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 is originally published at Insider Monkey.