Jim Cramer has discovered data centers. The host of CNBC's "Mad Money" got a viewer inquiry last week about data center REIT DuPont Fabros Technology (DFT) and was stumped. After researching DuPont Fabros, Cramer opined ona subsequent broadcast that he liked the company's "fundamental story" but was troubled by its decision to suspend its dividend in late 2008. DuPont Fabros CEO Hossein Fateh saw the broadcast, got in touch with CNBC and appeared on a segment Wednesday in which Cramer discussed the data center sector and did a Q&A with Fateh. This video runs about 8 minutes (there's a short pre-roll commercial).
Hmmmm ... it's too bad for Cramer (and his viewers) that he didn't discover the stock when it was trading below $2 a share last November. It closed today's session at $13.33 a share.
Check out our DuPont Fabros Channel for more news about the company. For additional video, check out our DCK video archive and the Data Center Videos channel on YouTube.