Jim Cramer Discusses Morgan Stanley’s Micron (MU) Share Price Upgrade

We recently published 16 Stocks Jim Cramer Mentioned In An Episode Where He Said OpenAI Could Beat All Big Tech Giants. Micron Technology, Inc. (NASDAQ:MU) is one of the stocks Jim Cramer recently discussed.

Micron Technology, Inc. (NASDAQ:MU) is a semiconductor company that designs and manufactures memory chips. It has come under investor attention during the current AI wave due to its HBM memory chips that are essential for AI GPU function. Cramer has discussed Micron Technology, Inc. (NASDAQ:MU) several times recently, and in nearly all of his appearances, the CNBC TV host has praised its CEO, Sanjay Mehrotra, for being humble. His remarks during the Monday Squawk on the Street appearance followed this theme as well:

Jim Cramer Discusses Morgan Stanley's Micron (MU) Share Price Upgrade

“[On Morgan Stanley upgrade] Yeah I mean look you had to buy it right after they reported the quarter and then the stock went down badly. Of course it went down for no reason whatsoever.

“Look, Sanjay came on our show, Sanjay Mehrotra, from Micron, and he, he is a humble person. And the stock got clobbered in part because he didn’t say me, me, me. I’m great, I’m great, I’m great. That’s not his nature. That’s what a fifth grader does. He’s not a fifth greater.”

While we acknowledge the risk and potential of MU 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 MU 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.