Company Overview - Serve Robotics Inc. (NASDAQ:SERV) specializes in building and operating a fleet of self-driving, low-emission robots for food delivery [2] - The company recently announced an agreement to acquire Diligent Robotics, which provides AI robot assistants for the healthcare sector [2] Market Performance - Since a notable comment made by Jim Cramer, Serve Robotics Inc.'s stock has increased by nearly 73% [3] - Cramer referred to Serve Robotics as a "meme stock" and expressed concerns about its financial losses, indicating that it may not be a favorable investment at this time [2][3] Investment Perspective - While Serve Robotics shows potential as an investment, there are other AI stocks that may offer greater upside potential and carry less downside risk [3] - The company is highlighted in discussions about undervalued AI stocks that could benefit from current market trends, such as Trump-era tariffs and the onshoring trend [3]
Jim Cramer on Serve Robotics: “We’re Not Going to Go Into Robotics Other Than to Say That We Want Tesla”