Jim Cramer Says “Joby Is a Terrific Spec”

Joby Aviation, Inc. (NYSE:JOBY) was one of the stocks on Jim Cramer’s radar on Mad Money as he explained that many investors might be missing out on the market’s biggest winners. Starting the lightning round, a caller asked for Cramer’s thoughts on the stock, and he replied:

Joby is a terrific spec. I have to tell you, I also like some of the drone companies you’ll see at the top of the show. I think those may even be better specs because of the president’s predilection for investing in drone companies.

Joby Aviation, Inc. (NYSE:JOBY) designs and makes electric vertical takeoff and landing aircraft for use in aerial ridesharing. The company is also developing a related app. Answering a caller’s query during the April 27 episode, Cramer remarked:

The problem with Joby, it’s way too risky. If you’re just starting out, I want you to be in something that could actually go up over time, and you don’t feel like you get disgusted if it drops real quick. That’s what could happen with Joby. Let’s be careful out there.

While we acknowledge the risk and potential of JOBY 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 JOBY and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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