We recently published Jim Cramer Shared Latest Take On Mega Quantum Computing Investment & Discussed These 13 Stocks.
Nebius Group N.V. (NASDAQ:NBIS) is one of the stocks discussed by Jim Cramer
Data center infrastructure provider Nebius Group NV (NASDAQ:NBIS)’s shares are up by 440% over the past year and by 139% year-to-date. Earlier this month, Bank of America discussed the shares as it reiterated a Buy rating and a $205 share price target. It discussed the volatility in the stock and cautioned that it would continue in the future.
Earlier in the month, Morgan Stanley had set a $126 share price target on May 5th. Cramer discussed Nebius Group NV (NASDAQ:NBIS) after it announced a partnership with Bloom Energy to use the latter’s fuel cell technology in its data centers: “Very important, and Nebius remember, is a partner with Jensen. Bloom is so good, that’s great, clean energy.