Jim Cramer on Biohaven Ltd. (BHVN): “I Think That This is a Buy”

We recently published a list of Jim Cramer’s Thoughts on These 10 Stocks. In this article, we are going to take a look at where Biohaven Ltd. (NYSE:BHVN) stands against other stocks that Jim Cramer discusses.

During the lightning round, a caller asked about Biohaven Ltd. (NYSE:BHVN), and Cramer commented:

“Alright, Biohaven had an analyst day the other day, and it was, you know, people didn’t get excited about it. Now, in full disclosure, I do have a personal deal with Biohaven, and I don’t talk about it much because it’s not been disclosed, but I am surprised this stock is all the way down here. Vlad Coric is really good. I think that this is a buy, but you could say, hey Cramer, you’re biased, you got a deal with them. But I’m just telling you that’s how I feel, or else I wouldn’t have a deal with them.”

Jim Cramer on Biohaven Ltd. (BHVN): “I Think That This is a Buy”

A pharmacist in a white coat with a range of drugs on shelves behind her.

Biohaven (NYSE:BHVN) works on creating and advancing treatments in the fields of immunology, neuroscience, and cancer. On April 22, Cramer was asked about the company, and he said:

“Alright, first, in pure disclosure, Biohaven, I’m working with them. They’ve bought a drug from me, that I made for me, and a terrific guy, Larry Newman, Dr. Newman, to help solve tinnitus so I always want to tell people that. The stock at $21, I think, therefore, is too cheap. But you might say, oh, that’s just Jim talking because he sold his drug to them. But no, I think the stock is very cheap, and Vlad Coric, who’s the CEO, I think, is really terrific. So I would be a buyer of the stock.”

Overall, BHVN ranks 7th on our list of stocks that Jim Cramer discusses. While we acknowledge the potential of BHVN as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than BHVN and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

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