Jim Cramer Discussed 15 Stocks, Including Broadcom, Netflix, and His Skepticism Toward Tech Stocks

13. Nebius Group N.V. (NASDAQ:NBIS)

Nebius Group N.V. (NASDAQ:NBIS) was among the stocks Jim Cramer commented on, saying that tech stocks cannot be trusted to lead anymore. A caller sought Cramer’s thoughts on the stock, and he stated:

Okay, until this market turned ugly, Nebius was one of my favorite stocks. Now, I gotta pull back because the facts of this entire market have changed. It’s no longer got the right coloration to be able to speculate on Nebius. Let that… come down, and then we’ll take a look. Let it come down.

Nebius Group N.V. (NASDAQ:NBIS) provides AI-focused infrastructure, including GPU-based cloud platforms and tools that support the development of advanced models. Cramer highlighted NVIDIA’s investment in the company during the May 8 episode, as he commented:

Wednesday, we hear from a company called Nebius, and that’s a company that NVIDIA poured $2 billion into because they want Nebius to help develop knowledge factories. This is a big deal for this relatively unknown AI company, and it’s part of a constellation that NVIDIA’s put together to ensure that clients can take advantage of NVIDIA’s best chips.