SRE - Cramer Warns Investors About This AI Company Up 146% YTD: 'Too Much Hype Too Much Fluff' | Benzinga
On CNBC’s "Mad Money Lightning Round," Jim Cramer said Micron Technology, Inc. (NASDAQ: MU) is "coming out of the trough, I agree with the hype. The one thing I worry about is two firms have now upgraded it, so you got a lot of hot money in it."
"They had a bad quarter, it was just no," Cramer said when asked about C3.ai, Inc. (NYSE: AI). "I see too much hype, too much fluff, don’t want you in that stock." Shares of C3.ai have climbed 146% this year, but have retracted 14% over the past month.
Cramer said ...