Jim Cramer on Madison Square Garden Sport: “Not One of My Favorites”

Madison Square Garden Sports Corp. (NYSE:MSGS) is one of the stocks Jim Cramer shared insights on. During the lightning round, whether it was time to take profits in the stock, and Cramer replied:

“Oh, it’s not my, it’s not one of my favorites. It doesn’t have the kind of growth, you have some nice gains. I don’t know. Why don’t you take half and then see what happens?”

A stock market graph. Photo by energepic.com

Madison Square Garden Sports Corp. (NYSE:MSGS) is a professional sports company that owns the New York Knicks, the New York Rangers, and other affiliated development league teams, and operates a dedicated training center. The company reported its fiscal full-year earnings on August 12, generating revenues of $1.04 billion, which was up 1% year-over-year. It reported an operating income of $14.8 million and adjusted operating income of $38.2 million.

While we acknowledge the risk and potential of MSGS 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 MSGS 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.