Jim Cramer on Old Republic: “Just Keep Buying, Keep Reinvesting, and I Think You Will Do Just Fine”

Old Republic International Corporation (NYSE:ORI) is one of the stocks Jim Cramer answered questions about. Noting that the stock has been down after the company reported its earnings, a caller asked if it is a buy, sell, or hold. Here’s what Cramer had to say:

You know, it’s surprising. I mean, look, I was saying this weekend, I don’t know if you caught my running commentary about the insurers when I was watching the football game. I watched all these running commentator guys from Boston, enough of them. I said, the insurers are under pressure. These quarters aren’t that good, but I want you to look through it. Old Republic is a great company. I will not let you, I have followed this company for many years, and I knew the quarter was bad. There’ll be many good quarters after this. Just keep buying, keep reinvesting, and I think you will do just fine. It was an earnings miss, but all the insurers are missing this quarter.

A laptop and a computer monitor display a detailed stock market technical analysis chart. Photo by Jakub Zerdzicki on Pexels

Old Republic International Corporation (NYSE:ORI) provides insurance products and title insurance policies. In addition, the company offers related financial indemnity and escrow services.

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

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

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