Cramer Prefers Quanta Over AECOM After Disappointing Quarter; Data Center Revenue Doubles
Jim Cramer said AECOM missed revenue expectations in its last quarter and suggested Quanta Services (PWR) as a better-run alternative. AECOM’s data center practice has doubled net service revenue over two years and stands to benefit as global data center investment is projected to triple by 2030.
1. Cramer Recommends Quanta Over AECOM
Jim Cramer noted that AECOM missed revenue expectations in its latest quarter and suggested investors seeking engineering construction exposure consider Quanta Services (PWR) instead, citing superior operational execution.
2. Data Center Boom Drive
AECOM’s data center practice has doubled net service revenue over the past two years, with company leadership highlighting that global data center investment is forecast to triple by 2030, positioning AECOM to benefit from design and permitting work.
3. Recent Stock Performance
AECOM shares have rallied roughly 52% from their April lows, reflecting investor optimism around AI data center projects, yet concerns over recent quarterly performance may cap near-term gains.
4. Competitive Positioning
AECOM’s strengths in environmental permitting, siting, stakeholder engagement, energy and water management contrast with Quanta Services’ broader execution, underscoring investor debates over management effectiveness and project mix.