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Stock impact report

Jim Cramer on Carrier: “Their Commercial Business is on Fire” [Yahoo! Finance]

Carrier Global Corporation (CARR) 
Company Research Source: Yahoo! Finance
“Speaking of housing, Carrier Global, a company I really like, reported this morning. While the heating, ventilation, air conditioning company delivered in-line sales with a solid earnings beat, and by the way, they have a good data center business, there was some surprising softness in its residential business… Now, their commercial business is on fire, alright. It does the climate control and the data center. It's the residential division, it was surprisingly weak, but again, housing's weak, so it's going to be weak.” A laptop and a computer monitor display a detailed stock market technical analysis chart. Photo by Jakub Zerdzicki on Pexels Carrier Global Corporation (NYSE:CARR) provides climate and energy solutions through its HVAC and refrigeration products and services. During the August 26 episode, a caller asked if it was a good time to initiate a position in the stock, and Cramer replied: “The stock's too low. You gotta do some buying. I absolutely, totally agree with y Show less Read more
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