Jim Cramer Doesn't Think Duolingo (DUOL)'s Needed Anymore

We recently published Jim Cramer Discussed These 25 Stocks In An Important Show About AI Spending. Duolingo, Inc. (NASDAQ:DUOL) is one of the stocks Jim Cramer recently discussed.

Duolingo, Inc. (NASDAQ:DUOL) is a technology company that enables users to learn new languages. It reported its fiscal third-quarter earnings last week and disappointed investors by forecasting $329.5 million to $335.5 million in fourth-quarter bookings that were lower than $343.6 million in estimates. Cramer discussed the weakness in Duolingo, Inc. (NASDAQ:DUOL)’s bookings:

“Well look, I think that we’re stuck in a world where there are so many companies that reported today, that I think a lot of mistakes are going to be made. But I will say that Duolingo, the bookings do not look good. And when you sit there and you listen to Tim Cook and how he’s talking, just put in your pods and you can translate, and by the way, the glasses, I’ve used the glasses from Meta, I don’t know why you need Duolingo and apparently a lot of other people feel the same.

“Why would you ever want to know another language when there’s instantaneous translation in your ear that is going to be so much better than you trying to stumble?”

While we acknowledge the potential of DUOL 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.