Jim Cramer on Carpenter Technology: “I Would Buy Some Here and Buy Some If It Comes Down”

Carpenter Technology Corporation (NYSE:CRS) was among Jim Cramer's stock calls on Mad Money, as he advised investors to stick with the largest tech companies in the market. Toward the end of the lightning round, when a caller mentioned that they like the company, Cramer said:

And so do I, and not just because… CarTech is one of Philly's best. You got a terrific company there. What a great chart, too. I think I would buy some here and buy some if it comes down. But definitely add some right here.

A woman reading and analyzing stock market data. Photo by Artem Podrez on Pexels

Carpenter Technology Corporation (NYSE:CRS) distributes specialty metals, including titanium alloys, stainless steels, alloy steels, tool steels, and metal powders, as well as engineered metal parts. The company's products are used in aerospace, defense, medical, transportation, energy, industrial, and consumer markets. A caller inquired about the stock during the April 10 episode, and Cramer replied:

It's an amazing company, CarTech, and I think that you should just hold on to it. I always think of Nucor, and then I think of CarTech…

While we acknowledge the potential of CRS as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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