Jim Cramer Says “I totally get Nebius Group” But He is a “CoreWeave person”

Nebius Group N.V. (NASDAQ:NBIS) is one of the stocks Jim Cramer shed light on. When a caller asked about the company during the lightning round, Cramer stated:

“Look, I totally get Nebius Group, but I am through and through a CoreWeave person. And because I’m a CoreWeave person, can’t own them both, but we got, we kicked the tires on Nebius, and we went all in CoreWeave, and I’m not going to change my view.”

Nebius (NASDAQ:NBIS) develops full-stack AI infrastructure, including GPU clusters, cloud platforms, and developer tools. The company also operates businesses focused on data services for AI, tech education, and autonomous vehicle technologies. On July 15, a caller inquired about the stock, and Cramer replied:

“Okay, Nebius, I checked them out when I was at GTC… at the big NVIDIA trade show. And I came back and I said, CoreWeave, just buy CoreWeave. Don’t deviate, buy CoreWeave. And so far, that’s been very right.”

While we acknowledge the risk and potential of NBIS 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 NBIS 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.