Jim Cramer Recommends Buying Rubrik

Rubrik, Inc. (NYSE:RBRK) is one of the stocks that Jim Cramer expressed thoughts on. Responding to an investing club member’s query of whether the stock is a buy, sell, or hold, Cramer remarked, “Buy, buy. Straight out, simple. Real easy.”

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Rubrik, Inc. (NYSE:RBRK) provides data security and protection solutions across cloud, enterprise, and SaaS environments. The company’s platform delivers threat analytics, cyber recovery, and data security posture management. During the September 17 episode, a caller inquired about the stock, and Creamer replied that the stock should not have gone down. He said:

“I thought the last quarter was good. I, the stock got hit on the quarter. I don’t, you know, maybe I’m not the call on this. I didn’t think the stock should have gone down. So I like it, and I think you’re okay.”

Moreover, when a caller inquired about Rubrik, Inc. (NYSE:RBRK) in an April episode, Cramer responded:

“Okay, this is again, it’s another stock, Bipul Sinha came on the show. I thought he told an amazing story, cybersecurity. Do we need to be in a Mag Seven when we can be in a Rubrik?”

Since the above comment was aired, the stock has gained around 14%.

While we acknowledge the risk and potential of RBRK 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 RBRK 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.