- POET +1.67%
POET Technologies Inc. (NASDAQ:POET) is one of the stocks Jim Cramer recently shed light on. When a caller mentioned that they bought POET as a speculative stock, Cramer remarked:
“It’s losing too much money. It’s losing too much money, and we’re not, remember, the era of magical investing is over, so I can’t recommend the stock.”
Stock market data. Photo by Jakub Zerdzicki on Pexels
POET Technologies Inc. (NASDAQ:POET) creates semiconductor and photonic products that combine electronic and optical devices on one chip. The company reported its Q3 earnings on November 13, posting a GAAP loss per share of -$0.11 and generated a revenue of $298,434 compared to $3,685 in Q3 2024.
While we acknowledge the potential of POET 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.
READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.
Disclosure: None. This article is originally published at Insider Monkey.
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