Finance

Jim Cramer's Endorsed Picks: Trane Technologies and Palantir Technologies

Published December 4, 2023

Distinguished market analyst and TV host Jim Cramer recently shared his insights on several company stocks during CNBC's 'Mad Money Lightning Round.' Cramer conveyed his continued support for Trane Technologies plc TT, affirming, 'I still like it, even up here,' referencing the company's significant appreciation. Trane Technologies, an industrial manufacturing leader, has seen its shares climb by roughly 32% in the preceding six months, underlining the company's robust market performance.

Trane Technologies plc: Sustained Growth

Trane Technologies plc TT, with its headquarters stationed near Dublin, Ireland, exhibits a diversified industrial manufacturing spectrum, consistently attracting investor's attention. Cramer's endorsement stems from the company's consistent market performance and investor confidence.

Palantir Technologies Inc: A Cramer Favorite

When prompted about Palantir Technologies Inc. PLTR, Cramer's enthusiasm was evident as he declared, 'I like these guys.' The Colorado-based company, integral to the intelligence community for its counterterrorism software platforms, remains a strong player in Cramer's view.

Other Stocks in the Spotlight

Beyond these two, several other stocks were mentioned, including Costco Wholesale Corporation COST, recognized for its wide-reaching retail empire; Ellington Financial Inc. EFC, involved in varied asset management; Air Lease Corporation Preferred A AL-P-A; the biotech company ImmunityBio, Inc. IBRX, carrying a 'risky' tag due to its specialized focus on immunotherapy cancer treatments; The Boeing Company BA, a giant in aerospace manufacturing; and Walmart Inc. WMT, the multinational retail conglomerate. These diverse picks span several industries, each with unique market positions and investment profiles.

Cramer, Stocks, Investment