Jim Cramer on MongoDB: "There Are Others That are Much Better"

MongoDB, Inc. (NASDAQ:MDB) is one of the stocks Jim Cramer was focused on. A caller inquired about the stock’s potential as an AI-related investment, and Cramer replied:

“There are others that are much better. You know what? And I don’t like to fool around on the AI plays. We got the best AI company in the world, which is NVIDIA, and I know it’s moved a lot, but you know what? It’s the best and I like to buy the best.”

MongoDB, Inc. (NASDAQ:MDB) provides a general-purpose database platform, including its cloud-based Atlas service, Enterprise Advanced for hybrid use, and Community Server for developers. Additionally, it offers consulting and training services to support its database solutions. When a caller asked about the stock in a February episode, Cramer called it a “trade” and “not an investment.” He remarked:

“Oh yeah, I… will say this… You’d be catching it at the right time. I think the analysts are all starting to upgrade the, the enterprise software again. I think it’s worth a stab, I really do. But it’s a trade, it’s not an investment.”

Since the above comment was aired, MongoDB, Inc. (NASDAQ:MDB) stock has gained 17.2%.

While we acknowledge the potential of MDB 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.