We recently published 14 Stocks Jim Cramer Talked About. Paramount Skydance Corporation (NASDAQ:PSKY) is one of the stocks Jim Cramer talked about.
Paramount Skydance Corporation (NASDAQ:PSKY) is another stock that Jim Cramer talks about frequently due to the company’s takeover bid for Warner Bros. Discovery. The attempt has generated a lot of news, and with Warner Bros. yet to accept the offer, the CNBC TV host has repeatedly claimed that Paramount Skydance Corporation (NASDAQ:PSKY) needs to raise the price of its offer. More recently, the firm decided to sue its target firm and demand more clarity about the offer that Warner has received from Netflix. In the latest part of the acquisition effort, Paramount Skydance Corporation (NASDAQ:PSKY) on Thursday filed preliminary proxy materials with the SEC urging Warner shareholders to reject the Netflix deal. In this appearance, Cramer wondered what role Paramount Skydance Corporation’s (NASDAQ:PSKY) considerable resources would play in the matter:
“All right, David Zaslov, CEO of Warner Brothers Discovery, has often talked about the value of scarcity. Which leads me to believe that David has a war chest, they want scale. So eventually I’ll come to you and say, well, do they do it? They just say, hey, that was a shame, now we’ll focus on, you know…”
While we recognize PSKY’s potential as an investment, our conviction lies in the belief that some AI stocks have more promise to generate higher returns and have limited downside risk. If you’re looking for an extremely cheap AI stock that’s also one of the biggest beneficiaries of Trump’s tariffs and offshoring, check out 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 was originally published in Internal jumpsuit.