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?”

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