Jim Cramer Notes “Joby is Good”

Joby Aviation, Inc. (NYSE:JOBY) is one of the 18 stocks Jim Cramer recently shared insights on. During the lightning round, when a caller inquired about the company, Cramer replied:

“You know what, remember a couple of weeks ago I said I was done with the knocking on the ones that don’t make money. Joby is real. I think Archer is real… But Joby is good and I’m going with it and I am with you… Joby is okay. I’m even playing some Joby music.”

Jim Cramer Notes “Joby is Good”

A futuristic electric vertical takeoff and landing aircraft soaring through the sky.

Joby (NYSE:JOBY) develops electric vertical takeoff and landing aircraft designed for air mobility services. The company aims to launch an app-based aerial ridesharing platform for convenient and efficient passenger transport. In October 2024, Cramer made the following comment regarding the company:

“Well, they just raised capital and that capital is gonna let them, you know, they’ve got enough money to be able to last for some time… I think they’re okay for now because of the 40 million shares that they sold at $5.05, and that’s not that far from here, but if it gets to $7, I would take the money and kaching kaching.”

While we acknowledge the potential of JOBY as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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Disclosure: None.