Reported about 23 hours ago
In a recent episode of Mad Money, Jim Cramer examined Powell Industries (NASDAQ: POWL), noting the stock's potential as a data center investment but highlighting its current unpopularity amid market volatility. He described the unpredictable nature of the stock market, where previously unfavorable stocks are now being considered for investment. Cramer recalled the significant rise and subsequent decline of POWL stock, linking its performance to broader trends in the data center sector. Despite acknowledging POWL's low valuation, Cramer suggests a cautious approach as AI-related stocks may offer better returns in the near term.
Source: YAHOO