Jim Cramer Put These 10 Stocks Under the Spotlight

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1. Tesla, Inc. (NASDAQ:TSLA)

Number of Hedge Fund Holders: 126

A caller asked if they should keep their position in Tesla, Inc. (NASDAQ:TSLA) or sell and move into Uber, and in response, Cramer said:

“Okay, now here’s the thing you need to know, it doesn’t matter where you bought something, it matters where it’s going to. The stock’s been cut in half, it seems like a bad stock. It’s going to now turn a narrative to being about humanoids and being about self, hands driving. So you’re fine with that. I also like Uber. Six or a half dozen for me, frankly. That’s how much I like both of them.”

Tesla (NASDAQ:TSLA) develops, produces, and markets electric vehicles and energy solutions. The company provides a variety of services, such as vehicle sales, financing options, energy storage products, as well as solar energy systems, and related services to a diverse customer base. For context, TSLA stock gained more than 36% over the past year while UBER stock declined over 3%.

While we acknowledge the potential of Tesla, Inc. (NASDAQ:TSLA) 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 TSLA 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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