Jim Cramer Notes Retail Investors are Buying Crypto Stocks Including Strategy

Strategy Incorporated (NASDAQ:MSTR) is one of the stocks that Jim Cramer recently discussed. Cramer mentioned the stock during the episode and said:

“It can be Oklo, it can be any part of the PARCs. It could be even Strategy, the old MicroStrategy, or any of the SPACs that are being created purely to buy crypto… These same people will buy… anything crypto, including SPACs that buy crypto. Why these? Well, maybe the better question is, well, why not? If you’re an individual investor, you don’t have much information about how stocks work longer term. It’s pretty easy to play this game, and it is a game.

We know there are parlays in gambling where you have to pick two or more events, and all have to be correct for you to win. The payouts can be big if your parlay hits, but if any bet loses, you lose the whole thing. These are pretty similar, except you tend to win all three. In many ways, gambling on PARC is a much fairer, better game, but it is a game nonetheless.”

Jim Cramer Notes Retail Investors are Buying Crypto Stocks Including Strategy

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Strategy (NASDAQ:MSTR) provides AI-driven analytics software that enables users to access insights easily, supported by consulting, education, and system assistance services. The company is also involved in bitcoin development.

While we acknowledge the risk and potential of MSTR 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 MSTR and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.