Jim Cramer Thinks Brad Jacobs Will Take QXO Inc (QXO) Much Higher

We recently published a list of Jim Cramer Recently Discussed These 15 Stocks. In this article, we are going to take a look at where QXO, Inc. (NASDAQ:QXO) stands against other stocks that Jim Cramer discussed recently.

A viewer called in to ask for Cramer’s thoughts on QXO, Inc. (NASDAQ:QXO), the latest venture from logistics mogul Brad Jacobs. Cramer was emphatically bullish, backing Jacobs’ leadership.

“All right, listen sunshine. I’m going to tell you this and tell you this, but good. I think this stock actually is going to go higher. Why? Because it’s Brad Jacobs. He will not let it stay down here. The man is when I think of him, I think of billions! Billions!”

Jim Cramer Thinks Brad Jacobs Will Take QXO Inc (QXO) Much Higher

QXO, Inc. (NASDAQ:QXO) is a newly formed industrial holding company by Brad Jacobs, aiming to acquire and scale software-driven distribution and logistics businesses.

Overall, QXO ranks 5th on our list of stocks that Jim Cramer discussed recently. While we acknowledge the potential of QXO as an investment, our conviction lies in the belief that some 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 QXO and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

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