6 Stocks on Jim Cramer’s Radar and His Caution Regarding SpaceX IPO

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1. Carvana Co. (NYSE:CVNA)

Carvana Co. (NYSE:CVNA) was one of the stocks on Jim Cramer’s radar as he cautioned that SpaceX could blow past its opening price. When a caller mentioned the stock during the episode, Cramer said, “Carvana was a great buy for us. Great buy that we got. Garcia did a good job for us.”

Carvana Co. (NYSE:CVNA) operates an online platform for buying and selling used cars and also runs auction sites. During the March 11 episode, a caller noted their losses in the stock and asked Cramer what they should do with their position. The Mad Money host replied:

Well, you know, Carvana’s a very good company. It does have periodic plunges, and then they do the thing that they do, which is to have a great quarter. I have been a believer in Ernie Garcia since the stock was single digits… I’m not backing away. I’m not saying buy some, but I’m saying I would not abandon ship.

While we acknowledge the potential of CVNA to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than CVNA and that has 100x upside potential, check out our report about the cheapest AI stock.

READ NEXT: 40 Most Popular Stocks Among Hedge Funds Heading Into 2026 and 15 Stocks That Will Make You Rich in 10 Years. 

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