Jim Cramer on Butterfly Network: “I Thought It Was a Very Interesting Spec From Day One”

Okay, Butterfly, I was amazed it ever fell. I was precise amazed it ever fell down… I thought it was a precise absorbing spec from time one. It doesn't marque immoderate money, but astatine $8, you tin bargain some. You tin bargain immoderate a small spot lower. But it is simply a precise promising company.

Stock marketplace data. Photo by Photo by Alesia Kozik

Butterfly Network, Inc. (NYSE:BFLY) makes and sells handheld ultrasound devices that alteration whole-body imaging done a azygous probe connected to smartphones and computers. A caller asked astir the banal during the February 6 episode, and Cramer responded:

It's a precise competitory market, and I don't privation to beryllium successful that portion of the aesculapian instrumentality group. Even GE Healthcare reported a beauteous bully number, and it went up for astir 10 seconds, and past it went close backmost down. Too hard for this guy, conscionable excessively hard.

While we admit the imaginable of BFLY arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

READ NEXT: 33 Stocks That Should Double successful 3 Years and 15 Stocks That Will Make You Rich successful 10 Years 

Disclosure: None. Follow Insider Monkey connected Google News.