Jim Cramer on Firefly Aerospace: “I Think That That One Is a Little Too Speculative for Me”

Group 1 - Firefly Aerospace Inc. (NASDAQ:FLY) is involved in developing space and defense technologies for launching and operating assets in orbit [2] - Jim Cramer expressed optimism about Firefly Aerospace's IPO, highlighting the necessity of such technologies and suggesting the stock could potentially double in value [2] - Cramer cautioned that while space and defense stocks are attractive, he prefers companies with some degree of earnings, indicating that FLY may be too speculative for his investment strategy [1] Group 2 - There is a belief that certain AI stocks may offer greater upside potential and carry less downside risk compared to Firefly Aerospace [3] - The article suggests that there are undervalued AI stocks that could benefit from current economic trends, such as Trump-era tariffs and the onshoring trend [3]