Joby Aviation, Inc. (NYSE:JOB) is among the actions Jim Cramer reviewed while discussing the Iran ceasefire that sparked a relief rally. When a caller asked Cramer’s opinion on the stock during the lightning round, he commented:
Well, I’m not a flying car guy, I’m just not, and I’ve done well in not being a flying car guy. Although, by the way, I think Boeing is a great stock… here, and they have a lot of technology for that kind of thing.
A technical chart of the stock market. Photo by Energepic from Pexels
Joby Aviation, Inc. (NYSE:JOBY) designs and manufactures electric vertical takeoff and landing aircraft for use in air ridesharing. The company is also developing a related app. During the March 18 episode, a caller asked about the stock and mentioned his bullish stance. Cramer responded:
Okay, I’m not as big of a fan as you. I think it’s incredibly speculative and I’m in that era where there are no magical investments anymore. They are losing too much money, and when companies are losing too much money, even if they have a very interesting idea, I have to hold back because we have a very, very difficult market, and we cannot deal with companies that are losing a lot of money.
While we recognize JOBY’s potential as an investment, we believe certain AI stocks offer greater growth potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that’s also benefiting significantly from Trump-era tariffs and the offshoring trend, check out our free report on best short-term AI stock.
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