Jim Cramer Discusses Melting Trade Tensions & These 12 Stocks

6. CoreWeave, Inc. (NASDAQ:CRWV)

Number of Hedge Fund Holders In Q4 2024: 36

CoreWeave, Inc. (NASDAQ:CRWV) is a data center infrastructure provider with a key role in the AI industry. Cramer frequently discusses the firm in his show, and he believes that it can benefit a lot from the ongoing AI wave in America. He has also dismissed reports that CoreWeave, Inc. (NASDAQ:CRWV) was set up by NVIDIA to generate AI GPU demand. The firm’s stock was 2025’s first IPO, and the shares have gained 290% since then. Here’s what Cramer said:

“CoreWeave, up a hundred and fifty seven percent, and Barclays says enough is enough. Buy to Hold. I think it’s a short squeeze by [inaudible] hedge funds who you and I both know should never short an unseasoned stock like this one. But I will say this, Moffett also says, that things have gotten too high and maybe it’s time to cool off. I come back and say, CoreWeave, if NVIDIA blows the number away, you’re going to want to be. .

“But this is Michael Intrator’s baby. Uh you know I like Intrator very much. I think he’s hilarious.

“So I mean look do I want to buy it up here? Ohh, jeez I don’t know, you’re buying on a short squeeze. But I do think that when I went to a data center that was a CoreWeave data center, David, it was one of the reasons why I liked it. Not just because it was clean as a whistle and you could eat off the floor, that’s not that kind of, but the power, the sheer power of how much you can get. The fact that it was located in Vegas, the safest place on Earth because it’s dry, there’s no earthquake. They thought of everything. But the most important thing is, when something breaks, CoreWeave is there. And these things break. And people don’t think they break. They break all the time!”