Jim Cramer on InterDigital: “I Like It a Lot”

InterDigital, Inc. (NASDAQ:IDCC) was among Jim Cramer’s stock calls on Mad Money recently. Answering a caller’s question about the stock, Cramer said:

Well, I don’t know. I mean, it’s a telco play to be honest. I don’t regard it as much as an AI play, but yeah, it’ll work here. I like it. I like it a lot. It came down today. Yeah, I like it. It was, I haven’t heard about it in a long, long time.

Stock market data. Photo by Alesia Kozik on Pexels

InterDigital, Inc. (NASDAQ:IDCC) specializes in research and development for wireless, visual, and artificial intelligence technologies used in communications and entertainment products. The company licenses its patented innovations to manufacturers of smartphones, consumer electronics, and connected vehicles.

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

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