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home / articles / TT - Jim Cramer Says He Will Pay No Amount For This Energy Stock Calls Ferguson A 'Very Very Good' Company | Benzinga


TT - Jim Cramer Says He Will Pay No Amount For This Energy Stock Calls Ferguson A 'Very Very Good' Company | Benzinga

On CNBC's “Mad Money Lightning Round,” Jim Cramer said Ferguson plc (NYSE:FERG) is a “very, very good” company. However, he recommends Trane Technologies plc (NYSE:TT) or Carrier Global Corporation (NYSE:CARR) ‘in case you want HVAC (heating, ventilating, and air conditioning).’

On June 4, Ferguson reported third-quarter net sales of $7.308 billion. That’s 2.4% higher year over year, driven by volume improvement despite continued deflation of approximately 2%.

KKR & Co. Inc. (NYSE:KKR) is the “foremost, the other one that I would recommend is Blackstone (NYSE:BX),” Cramer said.

On July 8, TD ...

Full story available on Benzinga.com

Stock Information

Company Name: Trane Technologies plc
Stock Symbol: TT
Market: NYSE
Website: tranetechnologies.com

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