Jim Cramer Commented on These 8 Stocks Recently

1. NextEra Energy, Inc. (NYSE:NEE)

Number of Hedge Fund Holders: 84

NextEra Energy, Inc. (NYSE:NEE) was mentioned during the episode of Mad Money and here’s what Cramer had to say:

“Oh, I like NextEra. I think it’s a good move, particularly in this environment…. That is exactly the kind of stuff that I am looking for.”

NextEra Energy, Inc. (NYSE:NEE) produces and distributes electricity through a combination of renewable energy sources such as wind, solar, and nuclear. Additionally, the company is involved in the development and management of long-term clean energy projects, including battery storage and electric transmission infrastructure. Previously, in January, Cramer made a bullish remark on the company as he said:

“I like them. I think it’s good. I think it’s a growth utility. I wish it had a little bit better yield, but that’s because the stock has moved so much. I think you’ve got a good one.”

While we acknowledge the potential of NextEra Energy, Inc. (NYSE:NEE) 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 NEE 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 30 Best Stocks to Buy Now According to Billionaires.

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