Jim Cramer Discusses These 9 Stocks, AI GPUs & DeepSeek’s Impact On AI Market

1. CrowdStrike (NASDAQ:CRWD)

Number of Hedge Fund Holders In Q3 2024: 74

CrowdStrike (NASDAQ:CRWD) is a software-as-a-service firm that provides cybersecurity services. It was at the heart of one of the worst outages in recent history last year when troubles with a software update led to millions of computers going offline worldwide. Yet, CrowdStrike (NASDAQ:CRWD)’s shares have gained 31% over the past year and are up by 15% over the levels they were trading at before the dip caused by the outage led the stock to tank by 35% over the coming days. Cramer mentioned CrowdStrike (NASDAQ:CRWD) during his Morning Take from his Investing Club morning meeting:

“The biggest winner yesterday was cyber. And I spoke with George Kurtz, which was Crowdstrike. And he won the award for this single best stopping of any sort of ransomware. And I know that, it’s all on our minds, I think that the Chinese, as people know maybe using this DeepSeek as a way to be able to get into our phones and that led to a surge in cybersecurity. And we were right to have two cybersecurity companies that are leaders in the market.”

CRWD is a stock Jim Cramer recently talked about. While we acknowledge the potential of CRWD 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 CRWD but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

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