Reported about 10 hours ago
Jim Cramer recently shared his reluctance to invest in EHang Holdings Limited (NASDAQ:EH), stating, "I’m not going to really want to do a lot of China right now" due to a lack of positive sentiment regarding China. Despite EHang's focus on developing autonomous aerial vehicles, the company has faced challenges, including a price target cut by BofA and lower sales projections, leading Cramer to advocate for AI stocks with potentially higher returns.
Source: YAHOO