Jim Cramer Calls Crane Company a "Good Company"

Crane Company (NYSE:CR) is one of the stocks on Jim Cramer’s radar recently. Answering a caller’s query about the stock during the lightning round, Cramer stated:

“52-week high, why not? Diversified manufacturer. It’s like a, what people want are diversified manufacturers that not necessarily are part of the data center right now, and that includes Crane. Good company.”

Crane Company (NYSE:CR) produces industrial equipment and systems for the aerospace, defense, and space industries. On January 5, the company announced that it finalized its acquisition of Precision Sensors & Instrumentation from Baker Hughes. It plans to discuss the details of this acquisition during its fourth quarter fiscal year 2025 earnings call, which has been announced for February 12, after the earnings release on February 11.

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