Jim Cramer Says He's "Concerned" About Joby Aviation (JOBY)

We recently published Jim Cramer Discussed These 13 Stocks And Talked About Market “Froth” & Dotcom Bubble. Joby Aviation, Inc. (NYSE:JOBY) is one of the stocks Jim Cramer recently discussed.

Joby Aviation, Inc. (NYSE:JOBY) is designing and developing electric vertical take-off aircraft. Its shares have gained 29% over the past month, and Cramer didn’t hold back when discussing the firm. Joby Aviation, Inc. (NYSE:JOBY) came to his attention after he and co-host Carl Quintanilla discussed market froth and speculative stocks. Here is what Cramer said about the firm:

“I saw JOBY and I said, wait a second, this is what I have been waiting for to say, okay I am concerned. Because that’s a 200 situation. JOBY goes up from 7 to 17 because people get all excited about cars that fly. And then boom they do this. Watch that deal. The first couple will probably work. Maybe investors will buy that. And after that, we have way too much, way too much supply and then the market goes down. That’s why you have to watch these, there you go, that’s why you have to watch these deals.”

While we acknowledge the potential of JOBY 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.

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Disclosure: None. This article is originally published at Insider Monkey.