7 Stocks on Jim Cramer’s Radar

1. Uber Technologies, Inc. (NYSE:UBER)

Number of Hedge Fund Holders: 166

Cramer suggested buying a little bit of Uber Technologies, Inc. (NYSE:UBER) now and more when it pulls back.

“I like Uber very much. Now, I was there when they reported and it was incredible. The stock went down and I called out the people who were selling it as morons. Now, look, I think it can, look, I mean it’s at $74. Could it go back to $68? Absolutely. So… here’s what we’re gonna do, we’ll buy a little bit tomorrow, and then if it goes to $68, we’ll buy a little bit more. Okay? That’s the game plan.”

Uber Technologies, Inc. (NYSE:UBER) develops and manages technology that facilitates mobility, delivery, and freight services, linking users to transportation options, assisting retailers with deliveries, and running a digital logistics platform for both shippers and carriers. In early February, discussing experts’ sentiment toward the company stock, Cramer said:

“Same thing with Uber, and you see, you see Uber won the war of pickup and deliver. The numbers reported at this point were extraordinary, but the experts found a line or two they didn’t like. Next thing you know, they kick it to the curb and you get an opportunity to buy some at a discount. I am confident about this one after interviewing CEO Dara Khosrowshahi this very morning on Squawk on the Street… I think this is a good one.”

While we acknowledge the potential of Uber Technologies, Inc. (NYSE:UBER) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than UBER but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and Complete List of 59 AI Companies Under $2 Billion in Market Cap

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