Analyst Says Oklo (OKLO) Reminds Her of ‘Dot-Com Era’ – Here’s Why

We recently published 10 Stocks Everyone’s Discussing Amid Latest Earnings Season. Oklo Inc (NYSE:OKLO) is one of the stocks everyone’s discussing.

Lauren Taylor Wolfe, Impactive Capital managing partner, said in a recent program on CNBC that Oklo’s “insane” market cap and stock gains remind her of the dotcom era.

“I look at AI today, right? Oklo Inc (NYSE:OKLO). It is the largest weight in the Russell 2000 Value Index, right? It has no revenues for three years. It started the year at 3 billion. Today it’s 25 billion of market cap with no revenues in the Russell 2000 Small Cap Value Index. That’s insane. So it reminds me a lot of the dot era and what was the right thing to do in the com era. It wasn’t to short the bubble companies, right? It was to look where no one else is looking. Look at the areas where people are ignoring.”

Analyst Says Oklo (OKLO) Reminds Her of ‘Dot-Ccom Era’ - Here’s Why

While we acknowledge the risk and potential of OKLO as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than OKLO and that has 10,000% upside potential, check out our report about this cheapest AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.