Jim Cramer on Take-Two Interactive: "I Think You've Gotta Get In Before GTA"

Take-Two Interactive Software, Inc. (NASDAQ:TTWO) is one of the stocks on which Jim Cramer gave his opinions. Noting Grand Theft Auto VI’s upcoming launch, a caller asked if it is a good time to start a position in the stock. In response, Cramer said:

No, it’s a great time. I think you’ve gotta get in before GTA, and I’ve been working a lot on this, and I am absolutely convinced that this recent dip, I wish it had been able to push it more under $200. It works. I want you to buy some here, and then if it goes below $200, pull the trigger on the rest. You are right to come in. I think this is a great level. Thank you for asking me about it.

Take-Two Interactive Software, Inc. (NASDAQ:TTWO) creates video games for consoles, PCs, and mobile devices. Some of its well-known games include Grand Theft Auto, Red Dead Redemption, and BioShock. Cramer mentioned the stock during the February 23 episode and remarked:

Before the show got preempted by the Olympics for two weeks, we were already witnessing a nasty sell-off in any industry that might, well, just maybe get disrupted by artificial intelligence, and it’s not just technology anymore. Like I said at the top of the show, it’s only gotten nastier as people ruminate about the future. They’re scared, they’re worried… When Google rolled out Project Genie, which effectively lets people use AI to make their own video games, the entire gaming industry got obliterated. Everything from Roblox to Unity Software to AppLovin, and even Take-Two Interactive. Oh, come on. The last independent video game publisher in America, what a buy that is.

While we acknowledge the potential of TTWO 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.  Follow Insider Monkey on Google News.