Carrier Global Corporation (NYSE:CARR) is one of the stocks Jim Cramer shared his thoughts on. A caller asked if they should hold onto their position in the stock or sell it. In response, Cramer said:
I think Dave Gitlin’s doing a good job. He made an acquisition. Some people don’t like it… You know, to rely on Europe turned out to be a diceier thing, and he relied on Europe, but he’ll come through with it fine. I think you buy it now and put it away.
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Carrier Global Corporation (NYSE:CARR) provides climate and energy solutions through its HVAC and refrigeration products and services. Cramer noted that he really likes the company during the episode that aired on October 28, 2025. He remarked:
Speaking of housing, Carrier Global, a company I really like, reported this morning. While the heating, ventilation, air conditioning company delivered in-line sales with a solid earnings beat, and by the way, they have a good data center business, there was some surprising softness in its residential business… Now, their commercial business is on fire, alright. It does the climate control and the data center. It’s the residential division, it was surprisingly weak, but again, housing’s weak, so it’s going to be weak.
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Disclosure: None. This article is originally published at Insider Monkey.