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DigitalBridge Group, Inc. (NYSE:DBRG) is one of the stocks that Jim Cramer shed light on. During the lightning round, a caller asked about the company, and Cramer remarked:
“I’ve studied this company for a very long time, and I have to conclude that it’s just expensive, okay, and I don’t want you in it… I love that you’ve been watching for that long, but I cannot recommend DigitalBridge. I am sorry.”
DigitalBridge Group, Inc. (NYSE:DBRG) is a private equity firm that invests in digital infrastructure, including data centers, cell towers, fiber networks, small cells, and edge technologies. On July 1, the company, along with La Caisse, announced the joint acquisition of Yondr Group, a global developer and operator of hyperscale data centers, from Cathexis Holdings. The acquisition strengthens both companies’ digital infrastructure portfolio and supports Yondr’s expansion to meet rising demand for AI and cloud-based data processing.
While we acknowledge the potential of DBRG as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.
Disclosure: None. This article is originally published at Insider Monkey.
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