Joby Aviation, Inc. (NYSE:JOBY) is one of the 22 stocks Jim Cramer recently talked about. During the lightning round, a caller inquired about the company, and Cramer commented:
“I’m going to do a twofer because I’m in the mood for the $9, $10 stocks. Archer and Joby, what can I say? I’m not going to fight them. Boeing has a flying car. Why can’t they?”
A futuristic electric vertical takeoff and landing aircraft soaring through the sky.
Joby Aviation (NYSE:JOBY) designs electric vertical takeoff and landing aircraft for use in air mobility services. The company plans to introduce an app-based platform to provide aerial ridesharing for passenger transportation. Over the past year, JOBY stock gained more than 104%. Additionally, in early June, when Cramer was asked about the company, he said:
“You know what, remember a couple of weeks ago I said I was done with the knocking on the ones that don’t make money. Joby is real. I think Archer is real… But Joby is good and I’m going with it and I am with you… Joby is okay. I’m even playing some Joby music.”
While we acknowledge the potential of JOBY 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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Disclosure: None.
