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Jim Cramer Says Stocks Like Generac (GNRC) “Make a Ton of Sense to Own Right Here” in Theory
Jim Cramer discussed Generac Holdings Inc. (NYSE:GNRC) on Mad Money, noting its strong residential business due to an unreliable grid and erratic weather, along with its promising commercial segment driven by data centers. Despite a good business story, the stock has struggled due to macro factors like the absence of a long-term contract announcement and investors waiting for lower interest rates and an end to current economic uncertainty. Cramer believes that while Generac “makes a ton of sense to own” in theory, broader macroeconomic issues are holding it and similar stocks back.