Cloudflare, Inc. (NYSE:NET) caught the attention of Jim Cramer recently. Cramer expressed confidence in CEO Matthew Prince, urging investors to hold on to the stock, despite its high price. He suggested taking some profits off the table at a specific point.

Cloudflare, Inc. (NYSE:NET) offers cloud-based security, networking, and performance solutions for websites and applications. Cramer praised the company’s recent earnings report, which led to a stock price increase. Cloudflare’s stock is now near its COVID-era peak, reflecting strong performance and guidance.

While Cloudflare (NET) shows potential, other AI stocks may offer better returns with lower risks. Investors seeking undervalued AI stocks should consider alternatives. A report on the best short-term AI stock is available for those looking for opportunities beyond Cloudflare.

For more stock recommendations, check out “30 Stocks That Should Double in 3 Years” and “11 Hidden AI Stocks to Buy Right Now” on Insider Monkey. This article contains no promotional content and was originally published on Insider Monkey’s website.

Read more at Yahoo Finance: “Maybe Take Some Off the Table, First Point at 60”