Jim Cramer on Preformed Line Products: “I Think It Can Continue to Go Higher”

3 weeks ago 26

Syeda Seirut Javed

Thu, July 9, 2026 astatine 7:33 AM CDT 2 min read

Preformed Line Products Company (NASDAQ:PLPC) was among Jim Cramer's banal calls connected Mad Money, arsenic helium highlighted the AI opportunities successful neoclouds. Toward the extremity of the lightning round, erstwhile a caller asked astir the stock, Cramer commented:

It has, you know… I mean, it's successful that aforesaid category, it's a little, it's a mini-Quanta Services. You person a victor there. I deliberation it tin proceed to spell higher, barring assemblage saying nary much information centers.

A banal marketplace data. Photo by AlphaTradeZone connected Pexels

Preformed Line Products Company (NASDAQ:PLPC) manufactures hardware systems, star mounting solutions, and EV foundations for gathering and maintaining overhead, ground, and underground networks. The institution supplies these products and drone inspection services to vigor utilities, connection providers, and tract contractors. During the occurrence aired connected September 5, 2025, a caller noted that the company's banal seemed undervalued and inquired astir wherefore it was trading astatine a discount. The Mad Money big replied:

Oh, now, you cognize what, that's inactive 1 much of aggregate stocks that are progressive successful the operation of the information center, and those, due to the fact that there's truthful galore of them, they're starting to commercialized astatine a discount. Don't freak out, the concern is good.

It is worthy noting that since the supra remark was aired, the company's stock terms is up by astir 91.5%.

While we admit the imaginable of PLPC arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

READ NEXT: 33 Stocks That Should Double successful 3 Years and 15 Stocks That Will Make You Rich successful 10 Years 

Disclosure: None. Follow Insider Monkey connected Google News.

Read Entire Article