Last month, we raised our price target after the CEO appeared on 'Mad Money.'
We're buying 40 shares of Dover at roughly $200 each. Following Tuesday's trade, Jim Cramer 's Charitable Trust will own 540 shares of DOV, increasing its weighting to 3% from 2.8%. We're using some of the proceeds from Tuesday morning's Alphabet sale to pick up more shares in Dover. Shares of this industrial conglomerate have consolidated over the past month. After jumping more than 5% to $202.56 per share on Nov.
Liquid cooling is replacing air cooling as the method of choice because it's more efficient and quieter. But what if the supercomputers of the future burn more heat? Cryogenic chip cooling could be the solution. Outside the data center, Dover is positioned to have a strong 2025 as about $300 million worth of revenue headwinds from 2024 abate — largely in its beverage can production, European residential heat pump operations, and plastics business.
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