Was Jim Cramer Right About Recursion Pharmaceuticals, Inc. (RXRX)?

We recently published a list of Did Jim Cramer Nail or Miss These 11 Stock Predictions? In this article, we are going to take a look at where Recursion Pharmaceuticals, Inc. (NASDAQ:RXRX) stands against other stocks that Jim Cramer discusses.

In that older episode, a caller brought up Recursion Pharmaceuticals, Inc. (NASDAQ:RXRX), highlighting a recent announcement and its link to Nvidia. Cramer backed the speculative play:

“They do have an investment — and it’s a serious investment — by Nvidia in them. I think, therefore, it’s a terrific spec, and I would buy it.”

Cramer’s speculative enthusiasm didn’t work out as the stock dropped 54.82%. Recursion Pharmaceuticals, Inc. (NASDAQ:RXRX) uses machine learning to accelerate drug discovery, integrating high-throughput biology with AI-driven insights.

Jim Cramer remains hopeful for the biotech company. He even gave a bullish thesis for the stock in April:

“Alright, we got some news from the FDA that’s impacting the stock. I don’t normally do small caps, but there’s an FDA announcement, plan to phase out animal testing requirements for monoclonal antibodies. By the way, Regeneron, biggest in that. But what they’re gonna do is you gotta do it AI. And the AI company that has it, I’ve had them on, is Recursion Pharmaceuticals, RxRx, backed by Jensen Huang and NVIDIA. And they’re going to be the winner in how we decide much faster to have drugs approved in this country. It’s the first real deregulation I’ve seen. Congratulations to the people who are trying to deregulate.”

A pharmacist in a hospital pharmacy stands next to a row of various drug containers.

Overall, RXRX ranks 6th on our list of stocks that Jim Cramer discusses. While we acknowledge the potential of RXRX 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 RXRX and that has 100x upside potential, check out our report about this cheapest AI stock. cheapest AI stock.

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