Jim Cramer and Analysts Like These 10 Stocks

1. The AES Corporation (NYSE:AES)

Average Price Target Upside: 41.51%

Number of Hedge Fund Holders: 53

The AES Corporation (NYSE:AES) is a multi-faceted energy company that owns and operates power plants and utility services, utilizing a range of fuels and technologies to produce and supply electricity. In early January, Cramer stated, “What is that, 5% yield? It’s down way too low. I think it’s time to pick up that utility.”

On March 5, Susquehanna reduced its price target for AES (NYSE:AES) stock to $15 from $16 while keeping a Positive rating on the stock. The firm revised its model after the Q4 results, highlighting that the company provided guidance at the mid-point of its range. Additionally, AES is continuing to expand its renewable capacity and anticipates bringing more than 3 GW of renewable energy online in 2025.

While we acknowledge the potential of The AES Corporation (NYSE:AES) as an investment, our conviction lies in the belief that 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 AES but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

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