Interactive Brokers Group, Inc. (IBKR): “There’s Just No Fluidity,” Says Jim Cramer

We recently published 12 Latest Stocks Jim Cramer Discussed. Interactive Brokers Group, Inc. (NASDAQ:IBKR) is one of the stocks Jim Cramer recently discussed.

Interactive Brokers Group, Inc. (NASDAQ:IBKR) is an American brokerage company whose shares have gained 38.8% year-to-date. The stock has benefited from strong revenue growth fueled by rising trading. Interactive Brokers Group, Inc. (NASDAQ:IBKR)’s shares jumped by 7.8% in July after the firm’s second quarter revenue of $1.5 billion and $0.51 EPS beat analyst estimates of $1.4 billion and $0.47. Cramer discussed the recent share price performance:

“[On recent poor share price performance] I think that people felt that maybe I want to be, maybe there’s a little more competition. Now again, when you actually try to buy these things, it’s rather extraordinary because these things are all very tricky. People just, there’s no fluidity in trying to buy things.”

Interactive Brokers Group, Inc. (IBKR): "There's Just No Fluidity," Says Jim Cramer

Previously, Cramer commented on Interactive Brokers Group, Inc. (NASDAQ:IBKR)’s intelligence:

“The brokerage firm that is very, very smart and very well run. And I do like brokers, particularly those that are able to let us do what we want, and that’s one of them. I say buy.”

While we acknowledge the risk and potential of IBKR as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than IBKR and that has 10,000% upside potential, check out our report about this cheapest AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.