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Jim Cramer on First Majestic Silver Corp.: “Let’s Use That as a Spec”
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First Majestic Silver Corp. (NYSE:AG) is included in Mad Money’s latest recap as Jim Cramer outlined his strategy for market sell-offs. Answering a caller’s query about the stock, Cramer said: Yeah, see, I’m a Pan American Silver guy from way back. That’s the one that I’d like to buy. But I do have to believe, having gone to silver production reviews in areas in Mexico, it may be time. Maybe the time is right. Let’s use that as a spec, okay? I think that’s a good spec. Photo by Anna Nekrashevich on Pexels First Majestic Silver Corp. (NYSE:AG) focuses on the full lifecycle of silver and gold mining, from the initial discovery of deposits to active resource production. A caller asked about the stock during the July 9, 2025, episode, and Cramer responded: Okay. I like silver. First Majestic, not familiar with. The one that I’ve always recommended is Pan American because it’s been profitable for a very long time. PAAS, that’s the one you want to be in. While we acknowledge the potential of AG 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. READ NEXT: 33 Stocks That Should Double in 3 Years and 15 Stocks That Will Make You Rich in 10 Years Disclosure: None. Follow Insider Monkey on Google News.