Was Jim Cramer Right About Sony Group Corporation (SONY)?
We recently published a list of In this article, we are going to take a look at where Sony Group Corporation (NYSE:SONY) stands against other stocks that Jim Cramer discusses.
In that older episode, a caller brought up Sony Group Corporation (NYSE:SONY), pointing out that the stock was underappreciated despite strong fundamentals, a stock split, dividend boost, and buyback. Cramer said:
'I like it. They've got to get out of this… They've got to tell me, 'Listen, we're not interested in a takeover,' because I just like the stock as is. And it's been weighed down by the takeover talk.'
A team of content creators using the latest devices and software to produce high-quality animation and motion pictures.
Cramer's faith in Sony paid off handsomely with a 58.99% gain. Sony Group Corporation (NYSE:SONY) blends gaming, entertainment, and consumer electronics under one powerhouse brand, with PlayStation as a major growth driver.
Overall, SONY ranks 3rd on our list of stocks that Jim Cramer discusses. While we acknowledge the potential of SONY as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than SONY and that has 100x upside potential, check out our report about this cheapest AI stock. cheapest AI stock.
READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.
Disclosure: None. This article is originally published at Insider Monkey.
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