Jim Cramer Backs Carrier Global, Advising Investors to 'Buy and Hold'
In a recent segment of CNBC's "Mad Money," host Jim Cramer offered a clear directive to a viewer inquiring about Carrier Global Corporation (NYSE:CARR): "I think you buy it now and put it away." The endorsement came during the October 28, 2025, broadcast, where Cramer expressed strong support for the HVAC and refrigeration giant's trajectory under CEO Dave Gitlin.
"I think Dave Gitlin's doing a good job," Cramer stated, directly addressing a recent acquisition that has drawn mixed reactions from the market. "He made an acquisition. Some people don't like it… but I believe it strengthens their long-term play in energy efficiency." Carrier Global, a leading provider of climate and energy solutions, is seen by many analysts as a core holding for the ongoing global focus on infrastructure modernization and sustainable building practices.
The broader context for Cramer's optimism lies in the sustained demand for building technologies and the political tailwinds from domestic manufacturing initiatives. While the stock has faced volatility, proponents argue its fundamentals are solid for a multi-year hold. However, the investment landscape remains competitive, with rapid growth in other sectors, notably artificial intelligence, capturing significant investor attention and capital.
Investor Reactions:
Michael R., Portfolio Manager (Boston): "Cramer's take is sensible. Carrier is a cyclical play, but it's a well-managed industry leader. For investors seeking stable exposure to essential infrastructure and ESG trends, it's a reasonable 'buy and forget' component of a diversified portfolio."
Lisa Tran, Retail Investor (Austin): "I'm tired of the 'buy and hold' mantra for every industrial stock. Where's the explosive growth? This feels like settling for mediocre returns while AI and automation stocks are defining the future. I'd rather park my money elsewhere."
David Chen, Engineering Consultant (Chicago): "The acquisition Cramer mentioned is key. It expands Carrier's digital controls and service capabilities. In my field, we see the shift toward smart, integrated building systems. If this move helps them compete there, the skepticism is short-sighted."
Rebecca Foster, Financial Advisor (Denver): "For my clients with a lower risk tolerance, established companies like Carrier with reliable dividends and a clear market role have their place. Cramer's advice is targeted—it's not a get-rich-quick tip, but a call for patience in a foundational industry."
Disclosure: This analysis is for informational purposes only and is not investment advice. Investors should conduct their own research.