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NetApp, Inc. (NASDAQ:NTAP) is one of the stocks Jim Cramer shared his take on. Noting that they have owned the stock for the past 25 years, a caller asked if they should continue to hold it, and Cramer commented:
“Well, you know, I think it’s an okay company. It’s storage management. That’s a good business. Not a good year this year. I wouldn’t mind if you trimmed some and got into some more exciting stocks like we, I shouldn’t say exciting, more investible stocks like we have in How to Make Money in Any Market.”
A technical stock market chart. Photo by Energepic from Pexels
NetApp, Inc. (NASDAQ:NTAP) provides enterprise data management software and storage systems that help organizations manage, protect, and move data across on-premises and cloud environments. On December 9, the company and F5 (NASDAQ:FFIV) announced an expanded partnership to help enterprises move large AI data sets faster while strengthening long-term security. The combined solution supports AI workloads and S3 storage, improves data flow through traffic management tools, and adds protection against future quantum-related threats, including “harvest now, decrypt later” attacks, using TLS 1.3 and quantum-resistant encryption.
While we acknowledge the potential of NTAP 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.
READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.
Disclosure: None. This article is originally published at Insider Monkey.
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