Jim Cramer Says "Nebius is Too Speculative for Me"

Nebius Group N.V. (NASDAQ:NBIS) is one of the stocks on Jim Cramer’s radar recently. When a caller expressed interest in the stock during the lightning round, Cramer remarked:

“Okay, Nebius is too speculative for me. It’s losing money. Why not just go with Dell? Dell’s a terrific company. The stock is down very big. Buy some now, buy some after the earnings, and I think you’ll be in terrific shape.”

Nebius Group N.V. (NASDAQ:NBIS) builds full-stack AI infrastructure with large GPU systems, cloud tools, data support, and tech training. It also develops autonomous driving technology. When a caller asked about the stock during the November 3 episode, Cramer replied:

“Okay, Nebius is a huge, look, it’s Nebius, IREN, and CoreWeave. Those are the three. They’re going to keep getting contracts. If you’re in on the day when the stock is down, and they get a contract, you’re going to make money. What can I say?”

While we acknowledge the potential of NBIS 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.