Jim Cramer Says Aurora Cannabis Inc. (ACB) Stock is “a Nice Speculative Stock”

We recently published a list of Jim Cramer Talked About These 16 Stocks Recently. In this article, we are going to take a look at where Aurora Cannabis Inc. (NASDAQ:ACB) stands against other stocks that Jim Cramer discussed recently.

When a caller inquired about Aurora Cannabis Inc. (NASDAQ:ACB), Cramer commented:

“You know, I keep thinking that it has to come alive, right? And the stock is up a lot. Here’s what I say, you know what? I’m not fighting it. I’m not fighting it. You can own it. It’s a nice speculative stock. There, I said it.”

Aurora Cannabis (NASDAQ:ACB) produces and sells a wide range of cannabis and hemp-derived products for both medical and recreational use, including dried flowers, oils, edibles, vapes, and capsules. The company also provides patient support services and operates multiple consumer and medical cannabis brands. It is worth noting that in 2019, during a lightning round, Cramer commented:

“The group is just under heavy pressure, and every time it sticks its head up, it gets completely whacked. They’re playing whack-a-mole with these. We’ve got to wait to until one of them shows a really big profit.”

Jim Cramer Says Aurora Cannabis Inc. (ACB) Stock is “a Nice Speculative Stock”

A modern cannabis retail store with a wide selection of products and vaporizers.

For context, since that comment was aired, Aurora Cannabis (NASDAQ:ACB) stock has declined more than 98%.

Overall, ACB ranks 16th on our list of stocks that Jim Cramer discussed recently. While we acknowledge the potential of ACB as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than ACB and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

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