Jim Cramer on CoreWeave, Inc. (CRWV): “I Got to Check My Enthusiasm”

We recently published a list of Jim Cramer Put These 14 Stocks Under the Microscope. In this article, we are going to take a look at where CoreWeave, Inc. (NASDAQ:CRWV) stands against other stocks that Jim Cramer discusses.

A caller inquired if CoreWeave, Inc. (NASDAQ:CRWV) stock is still a buy. In response, Cramer said:

“No… we can’t buy it here. I said that this morning at our morning meeting, that I do for club members, and I said… you know, I think the world of the stock. I recommended it at 40. That looks like a pretty darn good call. Ben Stoto, who’s my chief scientist, and I, we got together and said this one is for real and you should buy it, but up here, up 210% since its IPO, I got to check my enthusiasm. Notice I didn’t say curb, check.”

A team of software engineers at desks working on code for a cutting-edge cloud computing solution.

CoreWeave (NASDAQ:CRWV) provides a cloud platform designed to power enterprise compute workloads, especially for generative AI applications. The company offers high-performance computing resources, infrastructure tools, and services for tasks like AI training, rendering, and model optimization.

Overall, CRWV ranks 9th on our list of stocks that Jim Cramer discusses. While we acknowledge the potential of CRWV as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than CRWV and that has 100x upside potential, check out our report about this cheapest AI stock.

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