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Jim Cramer Took A Side On Biggest AI Debate & Discussed These 13 Stocks. Analog Devices, Inc. (NASDAQ:ADI) is one of the stocks discussed by Jim Cramer.

Analog Devices, Inc. (NASDAQ:ADI) is a semiconductor company whose chips are used in a variety of applications such as automotive, healthcare, and industrial. Its shares are up by 81% over the past year and by 40% year-to-date. Cantor Fitzgerald discussed the firm on May 13th as it raised the share price target to $510 from $400 and kept an Overweight rating on the stock. As part of its coverage, the financial firm outlined that the analog chip sector had experienced an uptick in the first quarter on the back of strong demand from the data center industry. Wells Fargo discussed Analog Devices, Inc. (NASDAQ:ADI) ahead of the second quarter earnings results. It raised the share price target to $470 from $410 and kept an Overweight rating on the stock. According to the bank, strength in the industrial and communications markets should help the firm. Cramer discussed Analog Devices, Inc. (NASDAQ:ADI) and its peer firm, Texas Instruments:

“ADI is, that’s, industrial. . . Texas Instruments and ADI are the ones that, internet of things. . .”

While we acknowledge the potential of ADI 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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