Jim Cramer on Nebius: “We Are Not Going to Trust”

Nebius Group N.V. (NASDAQ:NBIS) is one of the 21 stocks on Jim Cramer’s radar. A caller asked if it is a good time to enter the stock, and Cramer replied:

“Oh geez. My chief scientist, Ben Stoto, has over and over and over again said Nebius is the one to own, not CoreWeave. Oh no, he says, just right now, he’s just saying it’s a second-rate CoreWeave. We’re not going to own either, though. CoreWeave has moved up too much, and Nebius, we are not going to trust.”

Jim Cramer on Nebius: "We Are Not Going to Trust"

A trader in an office, surrounded by financial charts and graphs, looking intently at a stock ticker.

Nebius (NASDAQ:NBIS) builds full-stack infrastructure for AI and offers cloud platforms, GPU clusters, and developer tools. Additionally, the company operates businesses in generative AI data services, tech education, and autonomous driving technology. On June 10, a caller asked about the stock, and Cramer replied:

“Okay, I went to their booth when I was out at the conference, the Nvidia GTC conference. I was very impressed. I think they do good things. I didn’t, wasn’t prepared to be impressed frankly, because I like CoreWeave. But let me just tell you how I feel about this Nebius, this stock has… it has an allure. People like it so much. It doesn’t have a lot of people writing about it. It’s very hard for it to disappoint. I’m actually going to say that I think Nebius is going higher. There we go.”

While we acknowledge the potential of NBIS 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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