It’s not exactly fair to say CNBC’s foremost investment guru Jim Cramer touches on commercial real estate very often. As is usual with folks following equity markets on TV, publicly traded REITs come into his view only every now and then, he makes his pronouncements, slaps a button to make a sound effect and moves on to the next sector with nary a pause.
That said, nobody twists Mr. Cramer’s arm to give investment advice on TV. So when he consistently gets a sector wrong, it’s worth noticing. If it’s a hugely successful and growing commercial real estate market, all the more worth noticing. And Jim Cramer couldn’t get data centers more wrong than he has.