Jim Cramer on Upbound Group: "I Do Not Like It"

Upbound Group, Inc. (NASDAQ:UPBD) is one of the stocks Jim Cramer put under the spotlight. When a caller asked about the stock, Cramer stated:

“That model, that’s the least known model, has not been a proven model. I do not like it, I am sorry.”

Upbound Group, Inc. (NASDAQ:UPBD) provides lease-to-own and installment purchase options for household goods. The company’s products include furniture, appliances, electronics, computers, smartphones, and other consumer items. The company announced a quarterly dividend of $0.39 per share on September 18, payable by October 21 to the shareholders of record on September 30. Lastly, Upbound Group, Inc. (NASDAQ:UPBD) has a 7.1% yield at the time of writing.

While we acknowledge the potential of UPBD 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.