Jim Cramer Discusses These 10 Stocks & Says “Traders Are Dumb As Wood”

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1. Micron Technology, Inc. (NASDAQ:MU)

Number of Hedge Fund Holders In Q4 2024: 94

Micron Technology, Inc. (NASDAQ:MU) is one of the largest memory chip companies in the world. It is also among the most technologically advanced firms in its industry. Cramer’s previous comments about Micron Technology, Inc. (NASDAQ:MU) have been nothing but full of praise. He is confident in the firm’s CEO and believes that it will prosper even if the Trump administration rolls back subsidies under the CHIPS and Science Act. Cramer’s latest comments about Micron Technology, Inc. (NASDAQ:MU) revolved around the firm’s latest earnings report and the potential impact on the share price:

“I do wanna talk about Micron. They report tonight. Sanjay Mehrotra has, in the last few quarters, been. . .he has been saying a lot of very positive things about the previous quarter. And then he’s been very cautious. And I have to imagine that in a world with tariffs, he’s gonna be cautious again. So if you’re trading it. If you’re stupid enough to be trading it, what I would tell you is, do not take the first number, that’s not gonna matter. It’s what he says in the guidance. Because if he says, well tariffs, and we’re worried, you’re going to wish you didn’t pay 105.”

MU is a stock Jim Cramer recently discussed. While we acknowledge the potential of MU 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 time frame. If you are looking for an AI stock that is more promising than MU 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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