Jim Cramer on AES: "I've Taken a Liking to It Down Here"

The AES Corporation (NYSE:AES) is one of the stocks Jim Cramer expressed thoughts on. A caller asked what Cramer thinks of the company given the “huge data center demand,” and he replied:

“It’s always been disliked, and you know what? I’ve taken a liking to it down here. I think you’ve got a buying opportunity in AES.”

The AES Corporation (NYSE:AES) produces and sells electricity as the company operates a large portfolio of energy assets. Sound Shore Management stated the following regarding The AES Corporation (NYSE:AES) in its second quarter 2025 investor letter:

“Conversely, power generator The AES Corporation (NYSE:AES) has been hampered by prospective changes to investment tax credits for renewable energy sources, as policy changes once again froze market participants. This is despite the company having a customer base that continues to place orders for renewable systems to power data centers, regardless of the tax situation. (Post-quarter note – on July 9th, AES was rumored to have also received interest from private equity and infrastructure funds and the stock gained on the possibility of a takeover.)”

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