Blackstone Inc. (BX)’s CEO Said Some Great Stuff Recently, Says Jim Cramer

We recently published 14 Stocks Jim Cramer Discussed As He Went “All In” On Quantum Computing. Blackstone Inc. (NYSE:BX) is one of the stocks Jim Cramer recently discussed.

Blackstone Inc. (NYSE:BX) is an alternative asset manager whose shares have gained a modest 2.5% year-to-date. The stock has gained primarily due to the firm taking advantage of the growth in deal making in 2025 and making large acquisitions such as that of TXNM, an electricity provider in Mexico and Texas. Previously, Cramer has commented that he likes Blackstone, and this time, he commented on the firm’s CEO commenting that he was seeing the biggest forward IPO pipeline in four years:

“[On CEO saying biggest forward IPO pipeline in four years, the dealmaking pause was behind the firm] It was very good. Jonathan Gray was very good this morning. He also said great stuff about data centers.”

Source:pixabay

After word spread about Blackstone Inc. (NYSE:BX) acquiring TXNM, here’s what Cramer said:

“We know Blackstone has a lot of data centers. We know TXNM is in the area with a lot of data centers. I still think this is motivated by the need to have cheap power. Although remember, they are not a generator.

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Disclosure: None. This article is originally published at Insider Monkey.