Jim Cramer Discussed These 12 Stocks & Elon Musk Vs Sam Altman

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1. Electronic Arts Inc. (NASDAQ:EA)

Number of Hedge Fund Holders In Q3 2024: 46

Electronic Arts Inc. (NASDAQ:EA) is one of the biggest video game companies in the world. The firm is primarily known for its sports video game titles such as FIFA and NFL. The titles provide Electronic Arts Inc. (NASDAQ:EA) with a good moat as its exclusivity deals and stable demand from sports fans mean that the firm is nearly guaranteed a market for its games. However, Electronic Arts Inc. (NASDAQ:EA)’s fourth-quarter earnings released in January led to its shares tanking by 15%. The shares dropped as the firm’s latest sports title, FC 25, fell below bookings expectations. Here’s what Cramer said:

“This is terrible, it’s a terrible quarter. But do you think that there should be a reflection on Take-Two which has got Grand Theft Auto next year? I don’t think so. I think it’s sui generis, I think Electronic Arts has somehow done things wrong and I think Strauss Zelnick is doing things right. I wonder whether gaming’s gotten too expensive.”

EA is a stock Jim Cramer recently talked about. While we acknowledge the potential of EA as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter timeframe. If you are looking for an AI stock that is more promising than EA 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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