Quanta is the obvious winner when you want to build out the grid, says Jim Cramer
Speakers
Jim Cramer
— Host, Mad Money
Summary
Jim Cramer discusses the data center theme's broader market impact, highlighting Quanta Services as the obvious grid buildout winner and Carrier as a multiyear climate control opportunity. He reviews S&P top gainers connected to data center infrastructure, noting that the rally includes more than just semiconductors.
- S&P 500 and Nasdaq hit new all-time highs.
- Quanta Services surged 16% after a very positive earnings call.
- Cramer sees Carrier starting a multiyear move on a strong quarter.
- Eaton and Vertiv provide transformers and cooling for data centers.
- Teradyne benefits from semiconductor testing demand.
- Data center theme extends beyond semiconductors to grid and climate control.
Trade Ideas
Obvious winner for grid buildout.
Quanta Services is the obvious winner for building out the electric grid as utilities are being asked to double in size to meet data center electricity demand. The company installs power lines and infrastructure, and its management highlighted that technology customers demand speed at scale. The stock surged 16% after a very positive conference call.
Beginning of multiyear move.
Carrier, the air conditioning and climate control company, reported a big upside surprise and I think this quarter may be the beginning of a multiyear move for the company, driven by data center cooling needs.
Up Next
This CNBC video, published April 30, 2026, features Jim Cramer discussing PWR, CARR. 2 trade ideas extracted by AI with direction and confidence scoring.
Speakers: Jim Cramer · Tickers: PWR, CARR