11 Stocks on Jim Cramer’s Radar

Page 7 of 10

4. Nebius Group N.V. (NASDAQ:NBIS)

Number of Hedge Fund Holders: 66

Cramer’s displeasure with Nebius Group N.V. (NASDAQ:NBIS) was apparent as he explained:

“Yeah, we did a little takeout on Nebius… and we felt like it’s kind of a, look, it’s a big money loser that people are buying because it’s part of all, of everything that’s going on right now in the cloud. I don’t want to be a part of it. Period. End of story.”

Nebius Group (NASDAQ:NBIS) is a technology company focused on building infrastructure to support the global AI industry, offering services such as AI-centric cloud platforms, GPU clusters, and tools for developers, along with ventures in AI data services, tech education, and autonomous driving technology. In December 2024, Cramer said, “I can’t get behind Nebius. If I want AI, I will go for Nvidia as it comes down.” For context, NBIS stock went up more than 60% over the past year while NVDA stock gained more than 45% during the same period.

Page 7 of 10