DigitalBridge Group, Inc. (NYSE:
DBRG) is one of the
stocks Jim Cramer shed light on. During the lightning round, a caller asked if the stock is a buy, sell, or hold. In response, Cramer said:
“Alright, that’s data centers, and it’s cell towers. It’s all the stuff that I’m saying right now, I’m going to say… I’m going to say pass. Let’s just take a pass right now. It’s not the right stock for this moment.”
Pixabay/Public Domain
DigitalBridge Group, Inc. (NYSE:DBRG) is an alternative asset manager that invests in digital infrastructure, including data centers, cell towers, fiber networks, small cells, and edge technologies. A caller inquired about the stock during the July 8 episode, and Cramer responded:
“I’ve studied this company for a very long time, and I have to conclude that it’s just expensive, okay, and I don’t want you in it… I love that you’ve been watching for that long, but I cannot recommend DigitalBridge. I am sorry.”
While we acknowledge the potential of DBRG 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.
