Nebius Group N.V. (NASDAQ:NBIS) is one of the stocks Jim Cramer shed light on. When a caller asked about the company during the lightning round, Cramer stated:
“Look, I totally get Nebius Group, but I am through and through a CoreWeave person. And because I’m a CoreWeave person, can’t own them both, but we got, we kicked the tires on Nebius, and we went all in CoreWeave, and I’m not going to change my view.”
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Nebius (NASDAQ:NBIS) develops full-stack AI infrastructure, including GPU clusters, cloud platforms, and developer tools. The company also operates businesses focused on data services for AI, tech education, and autonomous vehicle technologies. On July 15, a caller inquired about the stock, and Cramer replied:
“Okay, Nebius, I checked them out when I was at GTC… at the big NVIDIA trade show. And I came back and I said, CoreWeave, just buy CoreWeave. Don’t deviate, buy CoreWeave. And so far, that’s been very right.”
While we acknowledge the potential of NBIS 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.
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Disclosure: None. This article is originally published at Insider Monkey.