Sterling Infrastructure, Inc. (NASDAQ:STRL) was among Jim Cramer’s stock calls on Mad Money, as he advised investors to stick with the largest tech companies in the market.
Cramer mentioned that Sterling and Preformed Line Products both operate in “different parts of the AI infrastructure stack,” and said: … Really, really struck me as a great one called Sterling Infrastructure
These are the guys doing the construction, engineering, contracting, buying a lot of the power infrastructure in data center build-outs we keep hearing about. We had Sterling CEO Joseph Cutillo on the show; that was February 27th. Get this, the stock was… [in] $420s.
Just a few months later, and it’s down in the $700s. It’s up more than 200% over the past 12 months… Now, Preformed Line Products and Sterling operate in different parts of the AI infrastructure stack. To start, Sterling is a services provider… They’re similar in that they’re both tied to key bottlenecks in one of the biggest build-outs in history.