Jim Cramer on Generac: "That Stock is a Great Long-Term Own"

Generac Holdings Inc. (NYSE:GNRC) is one of the stocks Jim Cramer shed light on. When a caller asked about the stock during the episode, Cramer said:

“I do have a Generac… So it’s just, it’s a good investment. I think others who realize that the grid is so fraught would be thinking about Generac, too. I think you’re dead right. I think the great, that stock is a great long-term own…”

Generac Holdings Inc. (NYSE:GNRC) develops energy technology products, including standby and portable generators, battery storage, smart home solutions, outdoor power equipment, and industrial energy systems. In addition, the company provides software for managing distributed energy resources and distributes its products through dealers, retailers, wholesalers, and direct channels. During a June episode, a caller inquired about the stock and Cramer responded:

“Generac, okay. Alright, so Generac got hit by tariffs. As soon as you hear tariffs, unfortunately, the market runs. I agree with you that it’s a great company, but I’ve gotta tell you something, it’s not a great stock. I know you said a lot of good things, absolutely, but the stock cannot rally if it’s got that kind of tariff problem.”

While we acknowledge the potential of GNRC 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.

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Disclosure: None. This article is originally published at Insider Monkey.