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Snap Inc. (NYSE:SNAP) was among Jim Cramer’s stock calls, as he discussed the rising market speculation. When a caller inquired about the stock, Cramer was quick to say:
No, there’s nothing there. Let’s just, like, you know, I’ve been fighting this SNAP now for I don’t know how many years, saying don’t invest in it, and so far, I’m looking pretty good, frankly.
Photo by Thought Catalog on Unsplash
Snap Inc. (NYSE:SNAP) is a technology company that provides the visual messaging application Snapchat and augmented reality glasses. The company also offers a subscription service for exclusive features and a suite of advertising products. On April 1, a caller asked about the stock, and Cramer replied:
Now, it does have an activist investor; maybe they can get them to do something or even sell themselves. But you know, five bucks maybe, I don’t know, what, a couple bucks up, one down, not a bad ratio. But nothing I’m interested in.
While we acknowledge the potential of SNAP as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
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