Jim Cramer Discusses These 10 Stocks & Wonders Whether DeepSeek Stole From OpenAI

1. The Boeing Company (NYSE:BA)

Number of Hedge Fund Holders In Q3 2024: 52

The Boeing Company (NYSE:BA) is one of the largest aircraft manufacturers in the world. It makes military and commercial aircraft, with the latter being a larger business than the former. The Boeing Company (NYSE:BA)’s shares are down by 15% over the past year as it has been forced to significantly reduce its aircraft production due to quality control issues. However, a turnaround appears to be in play as the stock is up by 26% since its November bottom. Cramer interviewed The Boeing Company (NYSE:BA)’s CEO during his program, and his comments before and after the interview were as follows:

“I’m wondering, why is the second half is when things get better. I would expect that the second quarter, the reason I mention that is because I don’t people to buy the stock knowing that second quarter’s awful. I mean, how do we know that, that things are going to get better in the third quarter if the second quarter is not good?

“[After the interview] Yeah, I think that if you’re going to get a strong second half I don’t know, if you can wait. My thinking was, look if it’s going to be a really tough second, maybe wait until the last month. I was very encouraged. Particularly because there’s the possibility that you can make, they can start making a lot of planes. The backlog’s huge. And I know everyone talks about how there’s only two of these companies. It hasn’t helped people. But now, it could be. It’s close enough. And they got the cash.”

BA is a stock Jim Cramer talked about a day after DeepSeek wreaked havoc on the stock market. While we acknowledge the potential of BA 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 timeframe. If you are looking for an AI stock that is more promising than BA but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

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