Nebius (NBIS) Is a Company Of The Future, Says Jim Cramer

Nebius Group N.V. (NASDAQ:NBIS) is one of the 9 Stocks Jim Cramer Talked About & Commented On SpaceX’s IPO.

Nebius Group N.V. (NASDAQ:NBIS) is a data center infrastructure company. Its shares are up by 416% and by 20% year-to-date. DA Davidson discussed the firm on March 17th. It raised Nebius Group N.V. (NASDAQ:NBIS)’s share price target to $200 from $150 and kept a Buy rating on the shares. DA Davidson remarked that the firm’s latest deal with Meta, which was worth $27 billion, made it a major player in the cloud computing industry. The coverage came after BWS Financial had discussed Nebius Group N.V. (NASDAQ:NBIS) on March 16th. It raised the share price target to $200 from $130 and maintained a Buy rating on the stock. According to BWS, the deal with Meta can allow Nebius Group N.V. (NASDAQ:NBIS) to continue growing well into 2027. The shares had closed 14.9% higher on March 16th after the firm had announced the deal. Cramer also mentioned the deal, as he commented that Nebius Group N.V. (NASDAQ:NBIS) was part of a data center group made up of the firms of tomorrow:

“. . .I just think that people have to realize, that when, Lumentum took off from March 30th, it was an amazing buy. It shows you again like you gotta stay close to Nebius, they did a big deal. . .there’s a lot of companies getting into data centers, and as long as you open a new data center you gotta start using Lumentum. And I think it’s important. . .and so these are the companies of the data center of tomorrow, and here they go again.”

Nebius (NBIS) Is a Company Of The Future, Says Jim Cramer

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