Jim Cramer on Quanta Services: “It’s Been Worth Owning”
Key takeaways
- Jim Cramer on Quanta Services: “It’s Been Worth Owning” Syeda Seirut Javed Sun, May 3, 2026 at 10:51 PM GMT+7 2 min read PWR Quanta Services, Inc.
- I’m going to go down, literally go down the S&P’s top gainers today.
- Management explains this very clearly right at the beginning of this incredibly stunning positive conference call they had today, “Utilities are being asked to double in size.
Jim Cramer on Quanta Services: “It’s Been Worth Owning” Syeda Seirut Javed Sun, May 3, 2026 at 10:51 PM GMT+7 2 min read PWR Quanta Services, Inc. (NYSE:PWR) was among the stocks Jim Cramer highlighted, as he discussed the massive AI infrastructure buildout. Cramer called the company an “obvious winner when you want to build out the electric grid,” as he stated:
I’m going to go down, literally go down the S&P’s top gainers today. I’m doing a little bit of order that changes just so we can get the narrative right, but let’s see if they’re representative of anything other than the data center, even if they’re involved in it. So let’s start with Quanta Services, PWR. This stock soared nearly 16% today. That’s a big gain. It’s an installer of power lines and infrastructures of all kinds. Quanta’s been a decent company for a long time. It’s been worth owning, but it’s been roaring because it’s the obvious winner when you want to build out the electric grid.
Management explains this very clearly right at the beginning of this incredibly stunning positive conference call they had today, “Utilities are being asked to double in size. Technology customers are demanding speed at scale they haven’t dealt with before.” See, this is a whole new way our country’s doing business. A rally that includes Quanta tells you that the data centers about a lot more than just the semiconductors and disk drives. Data centers are like giant mouths that must be fed with constant activity and never-ending electricity.