Jim Cramer’s 21 Stock Calls: Micron, Affirm, and the Strength of the Data Center Complex

Page 15 of 15

6. Nebius Group N.V. (NASDAQ:NBIS)

Nebius Group N.V. (NASDAQ:NBIS) was among Jim Cramer’s stock calls on Mad Money as he discussed how semiconductor and AI infrastructure stocks are driving the market higher. Cramer highlighted NVIDIA’s investment in the stock, as he remarked:

Wednesday, we hear from a company called Nebius, and that’s a company that NVIDIA poured $2 billion into because they want Nebius to help develop knowledge factories. This is a big deal for this relatively unknown AI company, and it’s part of a constellation that NVIDIA’s put together to ensure that clients can take advantage of NVIDIA’s best chips.

Nebius Group N.V. (NASDAQ:NBIS) provides AI-focused infrastructure, including GPU-based cloud platforms and tools that support the development of advanced models. During the April 6 episode, a caller inquired about the stock, and Cramer responded:

Okay, Nebius is doing quite well, and I normally, I would’ve said two years ago, way too speculative, but I’ve gotta tell you, they’re winning a lot of orders. I think they do a good job. I like CoreWeave more, but Nebius is actually a very respected company. I think you gotta good one.

While we acknowledge the potential of NBIS to grow, 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 NBIS and that has 100x upside potential, check out our report about the cheapest AI stock.

Click to continue reading and see Jim Cramer’s 5 Stock Calls: Constellation Energy, Qnity, and the Strength of the Data Center Complex.

Disclosure: None. Follow Insider Monkey on Google News.

Page 15 of 15