Jim Cramer’s List of 16 Stocks to Buy Right Now

6. Rubrik, Inc. (NYSE:RBRK)

Number of Hedge Fund Holders: 41

Rubrik, Inc. (NYSE:RBRK) offers data security and backup solutions, specializing in helping organizations recover from cyberattacks and ransomware. In the context of rising identity theft, Cramer positioned Rubrik as a go-to solution after a breach and a compelling new addition to the cybersecurity portfolio. Here’s what he said:

“Identity theft, it’s rampant […]  After you’ve been hit, what do you do? Well, you call in Rubrik. I say you buy Rubrik after what I saw last week when we spoke to them. I think you must have one of these portfolios – one of these stocks in your portfolio – you must have a cyber security stock.”

In response to a caller’s question about Rubrik, Inc. (NYSE:RBRK) during a Mad Money episode from March, Cramer said:

“They’ve had two great quarters. What can I say? I watch them when they’re on air and man, they are doing, they’re doing very, very well. And you know, I do like cybersecurity.”