Jim Cramer Says Pan American Silver (PAAS) “is Dynamite”

We recently published a list of Jim Cramer Discussed These 9 Stocks Recently. In this article, we are going to take a look at where Pan American Silver Corp. (NYSE:PAAS) stands against other stocks that Jim Cramer discussed recently.

A caller inquired about Pan American Silver Corp. (NYSE:PAAS), and Cramer said:

“Well, first, I want to give the same shout-out because that business… is dynamite. I happen to like silver very much, and… Pan American silver is the best silver mine. So I think you’ve got something going there. I’m with you…”

A large drill in operation deep in a mine, surrounded by the machinery of a modern extraction site.

Pan American Silver Corp. (NYSE:PAAS) focuses on the exploration, development, and operation of mines, handling everything from extraction to refining. The company targets deposits of silver, gold, zinc, lead, and copper. On May 13, TD Securities cut its price target on PAAS to $26 from $30 and maintained a Hold rating. The firm called the MAG acquisition “transformational” for giving Pan American access to a “Tier I” primary silver asset. It expects concerns around the Escobal restart due to the timing of the deal and the “full valuation” paid for MAG.

Overall, PAAS ranks 7th on our list of stocks that Jim Cramer discussed recently. While we acknowledge the potential of PAAS 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 PAAS and that has 100x 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.