Sportradar Group AG (SRAD)'s Got All The Data For Gambling, Says Jim Cramer

We recently published 9 Stocks Jim Cramer Recently Talked About As He Said I’m A Quantum Computing “Believer”. Sportradar Group AG (NASDAQ:SRAD) is one of the stocks Jim Cramer recently discussed.

Sportradar Group AG (NASDAQ:SRAD) is a technology company that provides online betting, gaming, and other services. The shares have gained 78.6% year-to-date and have gained 11.9% since the firm reported its second quarter earnings. Cramer previously invited Sportradar Group AG (NASDAQ:SRAD)’s CEO on his show Mad Money and outlined that the firm was a “gem.” This time, he commented on the firm’s advantage of having the data for gambling:

“And then I have Sportradar, it’s one of these companies that’s [inaudible] but they have got all the data for gambling. I’m doing a lot of the gambling stuff.”

Here is what Cramer said about Sportradar Group AG (NASDAQ:SRAD) earlier on Mad Money:

“Regular viewers know that I’m a big believer in online sports betting plays like DraftKings […] We spent a lot of time talking about the soft stuff, but the numbers here are really pretty great. […] I want to thank our viewer that came to us with this because holy cow, this one’s a gem.”

While we acknowledge the potential of SRAD 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 extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, 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.