Jim Cramer cautions against buying Accelevation Holdings after weak IPO debut
Jim Cramer told CNBC's 'Mad Money' viewers to avoid newly public data-center infrastructure firm Accelevation Holdings, which priced its IPO on Sept. 29 at $18 per share, below its proposed range, and has since fallen to about $15. He suggested putting the stock on a watch list rather than buying, citing his own preference for established AI infrastructure names like GE Vernova and Eaton.