Jim Cramer Says “Nebius is Too Speculative for Me”

Nebius Group N.V. (NASDAQ:NBIS) is one of the stocks on Jim Cramer’s radar recently. When a caller expressed interest in the stock during the lightning round, Cramer remarked:

“Okay, Nebius is too speculative for me. It’s losing money. Why not just go with Dell? Dell’s a terrific company. The stock is down very big. Buy some now, buy some after the earnings, and I think you’ll be in terrific shape.”

A laptop and a computer monitor display a detailed stock market technical analysis chart. Photo by Jakub Zerdzicki on Pexels

Nebius Group N.V. (NASDAQ:NBIS) builds full-stack AI infrastructure with large GPU systems, cloud tools, data support, and tech training. It also develops autonomous driving technology. When a caller asked about the stock during the November 3 episode, Cramer replied:

“Okay, Nebius is a huge, look, it’s Nebius, IREN, and CoreWeave. Those are the three. They’re going to keep getting contracts. If you’re in on the day when the stock is down, and they get a contract, you’re going to make money. What can I say?”

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.