Jim Cramer on ImmunityBio: "I Really Think That You Have to Take Profits in Some of That"

ImmunityBio, Inc. (NASDAQ:IBRX) is one of the stocks Jim Cramer talked about, along with market froth. When a caller asked about the stock during the lightning round, Cramer said:

Okay, now that… see what happens, I think is you already had that. That moved gigantically. It’s had a giant run off this FDA meeting, and I really think that you have to take profits in some of that, not all of it, but some of it, because it’s up so big.

ImmunityBio, Inc. (NASDAQ:IBRX) develops therapies designed to strengthen the immune system against infectious diseases and several cancers. During the May 19, 2025, episode, Cramer was asked about the stock by a caller, and he replied:

IBRX is not a great stock, ImmunityBio. I’ve looked at it for a very, very long time. I don’t like the fact that they are, they’ve been losing money forever. I am not in their camp.

It is important to note that since the above comment was aired, the company’s stock has gained over 130%. Furthermore, the stock is up over 220% year-to-date.

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