Jim Cramer on Unusual Machines: “Highly Speculative”

Unusual Machines, Inc. (NYSE:UMAC) is one of the stocks Jim Cramer was asked about. During the lightning round, when a caller asked Cramer about the stock, he commented, “Oh man, drone technology. Highly speculative. Losing a lot of money. Let’s be very careful.”

Unusual Machines, Inc. (NYSE:UMAC) develops and sells small drones and related components. On December 12, the company announced it would supply U.S.-made drone components to Campus Guardian Angel. The first order covers Rotor Riot Brave ESCs, while motors are being tested for broader use. All components are made in the U.S. and NDAA-compliant.

While we acknowledge the risk and potential of UMAC 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 UMAC 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.