Tencent Music Entertainment Group (TME) was discussed by Jim Cramer, who stated they are moving on from the stock despite previous gains. Cramer prefers Alibaba (BABA) over TME. TME provides music streaming, karaoke, and live streaming services, generating revenue from various sources. Cramer mentioned the company’s potential after its IPO in 2018.

Although TME has investment potential, some AI stocks offer greater upside with less risk. An undervalued AI stock that could benefit from tariffs and onshoring trends is highlighted in a free report. For more stock recommendations, check out “30 Stocks That Should Double in 3 Years” and “11 Hidden AI Stocks to Buy Right Now.”

Disclosure: None. This article was originally published on Insider Monkey.

Read more at Yahoo Finance: Jim Cramer on Tencent Music: “We’re Moving On”