Jim Cramer Discusses Reports Of Paramount Skydance (PSKY) Acquiring Warner Bros.

We recently published 12 Hot, Cold & Stable Stocks Jim Cramer Recently Discussed. Paramount Skydance Corp. (NASDAQ:PSKY) is one of the stocks Jim Cramer recently discussed.

Paramount Skydance Corp. (NASDAQ:PSKY), like Warner Bros., has been in the news this month as media reports have suggested that the firm is interested in acquiring the latter. Like Warner Bros., the firm’s shares have also gained since the reports surfaced. They have gained 18% over the past month. Cramer has discussed the deal in detail in his previous appearances. He believes that Larry Ellison, whose son David Ellison financed an $8 billion takeover of Paramount, is not sentimental when it came to the deal. He has also remarked that for the Oracle billionaire, the deal is just a “rounding error.” During this appearance, Cramer wondered whether Netflix might have factored into the thought process behind it:

“But David, this is possible, I’m gonna throw a bomb at you. We all keep saying, well, Disney can’t be Netflix. Comcast can’t be Netflix. Well because they have too much baggage with carriage, could this be any chance that they’ve been modelling this off of Netflix?”

While we acknowledge the potential of PSKY 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.