We recently published Jim Cramer Insisted Recent AI Chip Selloff Wasn’t A Bottom & Discussed These 17 Stocks. Blue Owl Capital Inc. (NYSE:OWL) is one of the stocks discussed by Jim Cramer.
Asset manager Blue Owl Capital Inc. (NYSE:OWL) is a regular appearance on Jim Cramer’s radar these days and not for good reasons. The shares are down by 52% over the past year and by 39% year-to-date. On June 25th, after reports surfaced about Blue Owl Capital Inc. (NYSE:OWL) looking to acquire a stake in a basketball team, Cramer criticized the firm on the social media platform X. Earlier, UBS had discussed the firm on June 11th as it reiterated a Neutral rating and a $9.50 share price target. In its coverage, the bank discussed the private credit market and outlined that weakness in the sector could also lead to Blue Owl Capital Inc. (NYSE:OWL)’s shares being range bound. In his morning appearance, the CNBC TV host didn’t hold back:
“You know, every canine has its, you know, 24 hours, there, right.”
Pixabay/Public Domain
Cramer’s infatuation with Blue Owl Capital Inc. (NYSE:OWL) isn’t new. Here’s what he tweeted in February:
“How did it come to the point that at 3:38 am. i am sitting here having coffee and worrying about that Blue Owl portfolio and the transaction they talked about last week that just didn’t sit well with me.”
While we acknowledge the potential of OWL 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.
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