We recently published an article titled Jim Cramer Discusses These 10 Stocks & Wonders Whether DeepSeek Stole From OpenAI. In this article, we are going to take a look at where Viking Holdings Ltd (NYSE:VIK) stands against the other stocks Jim Cramer recently discussed.
In his recent appearance on CNBC’s Squawk on the Street, Jim Cramer continued to discuss the fallout from DeepSeek’s AI models purportedly reducing the costs of training and developing AI platforms. While the TV show host did not comment on the costs, about which little is currently understood, he did speculate about the link between DeepSeek and OpenAI.
As DeepSeek’s R-1 becomes more popular, several users have reported that it delivers answers similar to those from OpenAI’s models. In fact, Bill Gates’ software company is allegedly investigating the link between OpenAI and DeepSeek. As per Bloomberg, the software company’s security team discovered “observed individuals they believe may be linked to DeepSeek exfiltrating a large amount of data using the OpenAI application programming interface, or API.”
Cramer also wondered the same thing during his appearance as he questioned “How much did this outfit, DeepSeek, steal from OpenAI?” The TV show host however added that he was nevertheless impressed by DeepSeek’s AI “Because it is much lower cost.” However, some things that remain unanswered for Cramer are “Whether what they stole, I question how good it is, I question the hallucination factor. I question the, when I went on it, it was stupid as wood. I mean look, there are some real problems here. But the calculations are good.”
The conversation then shifted to whether DeepSeek’s splash in the West revealed that the software engineers in China were as good as those in the US. Cramer sarcastically commented “Shocker. What they thought they were blockheads?” However, while his assessment about Chinese software engineers was correct, he controversially added “We are so far ahead of them, because we’re doing robots and cars. Where’s their robots and cars?”
Cramer’s remarks about the Chinese automotive and robotics industries prompted co-host David Faber to retort that China leads the world with EVs. Cramer then tried to clarify his stance by outlining a few individuals that he believes offer America a competitive edge over China. “I’m saying that Elon, their Elon. The Jensen-Elon Musk partnership,” he shared. Cramer further added “I’m talking about the supercomputer solution. I think is a brilliant solution by Musk.” The supercomputer that he’s referring to is Musk’s plan to build the world’s largest supercomputer in Tennessee which will house a million AI GPUs.
Our Methodology
To make our list of the stocks that Jim Cramer talked about, we listed down the stocks he mentioned during CNBC’s Squawk on the Street aired on January 28th.
For these stocks, we also mentioned the number of hedge fund investors. Why are we interested in the stocks that hedge funds invest in? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 275% since May 2014, beating its benchmark by 150 percentage points. (see more details here).
A luxury cruise ship in motion in the ocean, with passengers enjoying the view on the deck.
Viking Holdings Ltd (NYSE:VIK)
Number of Hedge Fund Holders In Q3 2024: 49
Viking Holdings Ltd (NYSE:VIK) is an American cruise ship operator. Its shares are up by a strong 88% since the date of its IPO in May 2024. Viking Holdings Ltd (NYSE:VIK) has benefited from strong financial results, as it grew its revenue by 11% during last year’s September quarter. Then, by November, the firm announced that 70% of its capacity had already been sold. Like its larger cruise industry peers, Viking Holdings Ltd (NYSE:VIK) has benefited from stronger demand that has also enabled cruise providers to charge higher prices. Cramer’s comments for the firm were in connection with the broader cruise industry:
“Look I think a lot of people really misjudged that industry. . . . I happen to like Viking by the way, not Viking Therapeutics, I like the Viking, the cruise. What people learn Carl, and I’ve spent a lot of time analyzing the industry, is it is such a bargain in an era of inflation. It’s just considered to be the best way to have a vacation. You know I just think that they are terrific. And everyone thinks, recognizes, that there are a lot of people who are snobs. Okay. The snobs don’t recognize that these things are great trips.
“I think it’s incredible and people have just misjudged the earnings power. And the earnings power is amazing.”
Overall VIK ranks 3rd on our list of the stocks Jim Cramer recently discussed. While we acknowledge the potential of VIK 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 timeframe. If you are looking for an AI stock that is more promising than VIK but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.
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Disclosure: None. This article is originally published at Insider Monkey.