Serve Robotics Inc. (NASDAQ:SERV) is one of the stocks on Jim Cramer’s radar. During the lightning round, a caller sought Cramer’s opinion of the company, and he replied:
Okay, we’re not going to go into robotics other than to say that we want Tesla. I know Tesla’s done nothing. I heard that a hundred thousand times today. So maybe it’s time that Tesla did something.
Photo by Adam Nowakowski on Unsplash
Serve Robotics Inc. (NASDAQ:SERV) builds and operates a fleet of self-driving, low-emission robots used for food delivery. On January 21, the company announced the expansion of its portfolio, as it entered into an agreement to acquire Diligent Robotics, a company that provides AI robot assistants for the healthcare sector. Moreover, Cramer called it a meme stock when a caller asked about it during the March 14, 2025, episode. The Mad Money host remarked:
Serve Robotics, meme stock. Nope, don’t need it, losing too much money. Hey, by the way, the quantum computers, I’ll throw those in too. They’re only going to go up for a couple more days, and you gotta sell that.
It is worth noting that since the above comment was aired, Serve Robotics Inc.’s (NASDAQ:SERV) stock is up by nealy 73%.
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Disclosure: None. This article is originally published at Insider Monkey.