Jim Cramer Notes “Forgent Became an Incredible Performer”
Key takeaways
- Jim Cramer Notes “Forgent Became an Incredible Performer” Syeda Seirut Javed Wed, June 17, 2026 at 11:38 PM GMT+7 2 min read FPS VRT Forgent Power Solutions, Inc.
- Now, second, in early March, I recommended Forgent Power Solutions.
- Since then, Forgent became an incredible performer, rallying from $34 to $59, 75% gain, thanks to a couple of very strong quarters.
Jim Cramer Notes “Forgent Became an Incredible Performer” Syeda Seirut Javed Wed, June 17, 2026 at 11:38 PM GMT+7 2 min read FPS VRT Forgent Power Solutions, Inc. (NYSE:FPS) was among Jim Cramer’s stock calls on Mad Money, as he highlighted worthy space players and reviewed several of this year’s IPOs. Cramer called it a “home run,” as he commented:
Now, second, in early March, I recommended Forgent Power Solutions. That’s a maker of electrical distribution equipment used in data centers, the power grid, and all sorts of energy-intensive industrial facilities. Now, I covered this one in early March, about a month after it came public, and I told you I liked it because it was trading at a sizable discount to its closest competitor, which is Vertiv, the one that Dave Cote’s chairman of.
Since then, Forgent became an incredible performer, rallying from $34 to $59, 75% gain, thanks to a couple of very strong quarters. In fact, Forgent did a secondary offering at the end of May, often the kiss of death for a newly public company, but the darn thing, it just kept rallying. At these levels, though, you got my blessing to ring the register, it’s been a home run, ideally before the lockup on insider selling in this one, which ends in early August.