Reported about 13 hours ago
In a review of Jim Cramer's views on Astera Labs, Inc. (NASDAQ:ALAB), it's noted that while he appreciated the company's fundamentals at the time of its IPO, he cautioned about the speculative hype surrounding new IPOs. Despite his reservations, ALAB's stock has risen 55.56% since then. Cramer later described Astera as well-managed with significant growth potential, suggesting it's a good buy but not the best value compared to other stocks. Overall, ALAB is ranked 3rd among the stocks Cramer discusses, though some AI stocks are believed to offer better returns.
Source: YAHOO