Cramer Says This AI Stock Is Just An Nvidia Play, Prefers This Stock Over Anheuser-Busch

On CNBC’s "Mad Money Lightning Round," Jim Cramer said DigitalBridge Group, Inc. (NYSE: DBRG) is a "good" stock.

On Feb. 20, DigitalBridge posted better-than-expected sales results for its fourth quarter.

When asked about Anheuser-Busch InBev SA/NV (NYSE: BUD), Cramer said, Constellation Brands, Inc. (NYSE: STZ) has "better cash flow, more opportunities, and has a wine business that it could sell."

Former President Donald Trump recently called on conservatives to reconsider their stance on Anheuser-Busch, suggesting that the company is not as “woke” as it has been portrayed.

SoundHound AI, Inc. (NASDAQ: SOUN) is just an Nvidia Corporation (NASDAQ: NVDA) play, Cramer said.

SoundHound shares closed Monday’s session higher by around 47% amid speculation that the company could be involved with a new collaborative initiative aimed at integrating AI into cellular technology.

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The "Mad Money" host said he doesn’t know Pactiv Evergreen Inc. (NASDAQ: PTVE) well enough.

Pactiv Evergreen is expected to report its results for the fourth quarter after the closing bell on Feb. 29, 2024. Analysts expect the company to post quarterly earnings at $5.48 per share on revenue of $24.2 billion.

Price Action:

• Shares of DigitalBridge fell 0.6% to close at $17.95 on Tuesday.
• Pactiv Evergreen shares declined 1.2% to close at $14.47 on Tuesday.
• Anheuser-Busch shares slipped 0.1% to settle at $63.06.
• Constellation Brands shares rose 0.1% to settle at $247.09 on Tuesday.
• SoundHound AI shares gained 19.3% to close at $6.86.
• Shares of NVIDIA fell 0.5% to settle at $787.01 on Tuesday.

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