Jim Cramer on Innodata: "I Actually Like This Company"

Innodata Inc. (NASDAQ:INOD) is one of the stocks Jim Cramer recently answered questions about. A caller sought Cramer’s opinion of the stock, and he replied:

“Yeah, digital content. I actually like this company. It’s [got] a very high price to earnings multiple, but it does at last make money. I at least got to end the… lightning round on one company that seems like a very real company.”

Innodata Inc. (NASDAQ:INOD) provides data engineering and AI services, including data preparation, annotation, and model training. In addition, it offers platforms for digitizing medical records and managing marketing and media communications. During February 21’s episode, Cramer discussed the stock and said:

“What a stock. I mean, yeah, you were right. You’re right. It’s a high multiple stock and it didn’t get hit today. How about that? That is what I call a hero stock.”

Since the above comment, the stock has gained over 24%.

While we acknowledge the potential of INOD 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.