Jim Cramer on NetApp: “I Think It’s an Okay Company”

NetApp, Inc. (NASDAQ:NTAP) is one of the stocks Jim Cramer shared his take on. Noting that they have owned the stock for the past 25 years, a caller asked if they should continue to hold it, and Cramer commented:

“Well, you know, I think it’s an okay company. It’s storage management. That’s a good business. Not a good year this year. I wouldn’t mind if you trimmed some and got into some more exciting stocks like we, I shouldn’t say exciting, more investible stocks like we have in How to Make Money in Any Market.”

A technical stock market chart. Photo by Energepic from Pexels

NetApp, Inc. (NASDAQ:NTAP) provides enterprise data management software and storage systems that help organizations manage, protect, and move data across on-premises and cloud environments. On December 9, the company and F5 (NASDAQ:FFIV) announced an expanded partnership to help enterprises move large AI data sets faster while strengthening long-term security. The combined solution supports AI workloads and S3 storage, improves data flow through traffic management tools, and adds protection against future quantum-related threats, including “harvest now, decrypt later” attacks, using TLS 1.3 and quantum-resistant encryption.

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