Jim Cramer Says He is "Not a Fan" of Iron Mountain (IRM)

We recently published a list of Jim Cramer Put These 14 Stocks Under the Microscope. In this article, we are going to take a look at where Iron Mountain Incorporated (NYSE:IRM) stands against other stocks that Jim Cramer discusses.

When a caller inquired about Iron Mountain Incorporated (NYSE:IRM) during the lightning round, Cramer commented, “No, not a fan. Yield too low. Not there.”

Iron Mountain (NYSE:IRM) provides solutions that help organizations manage, protect, and transform their information and assets across physical and digital formats. On May 27, as Barclays revised its models for the data center group, the firm raised its price target on the stock to $121 from $118 and maintained an Overweight rating. However, Cramer showed bearish sentiment toward the company earlier in May as he commented:

“No. Better places to be, better places to be. You know, like we have Kimco on tonight, give you a better yield. I think that’s a better place to go.”

Overall, IRM ranks 12th on our list of stocks that Jim Cramer discusses. While we acknowledge the potential of IRM as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

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