Jim Cramer on Iron Mountain (IRM): “It’s Been an Incredible Stock”
Jim Cramer recommended buying Iron Mountain (IRM), citing its 3% yield and recent decline. IRM reported Q2 revenue of $2.03B, up 18.7% YoY, with data center revenue growing 39%. The company faces risks from high debt and capital expenditure. IRM operates as a REIT with a quarterly dividend of $0.864 per share. Institutional ownership remained stable, with minimal short interest.
How this was made

The 30-second read
Why it matters
The piece offers no new corporate event; its impact is confined to short‑term sentiment.
Market read
Primarily a recap; limited trading relevance beyond reaffirming existing bullish view.
What to watch
Potential pressure from rising interest rates on debt servicing and the need for sustained data‑center growth.
Background
Jim Cramer highlighted Iron Mountain’s Q2 performance and dividend yield, echoing prior earnings release.
Ticker impact
Recaps Q2 2026 earnings and Cramer’s buy comment; no new data beyond previously released results.
Limited impact; may sustain short‑term buying interest but no material catalyst.
The article only repeats known numbers and a host opinion, offering no new actionable information.
Market effects
Reinforces perception of data‑center REITs as dividend plays but adds no sector‑wide shift.
US REIT market sentiment unchanged.
Minimal; limited to investors tracking Iron Mountain.
Counterpoint
Cramer’s endorsement may be overstated given high leverage and elevated valuation multiples.
Key entities
- CompanyIron Mountain Incorporated
REIT focused on records management and data‑center services.
- PersonJim Cramer
Host of Mad Money, providing a buy recommendation.



