Jim Cramer on CoreWeave: “Play With the House’s Money”

CoreWeave, Inc. (NASDAQ:CRWV) is one of the 18 stocks Jim Cramer recently shared insights on. Inquiring about the company, a caller mentioned that they bought a full position for over 40 a share. Cramer replied:

“You sell half of it tomorrow morning, and then you play with the house’s money from now on, you never have to worry about CoreWeave again. And that is the way you do it, and that is the way I was brought up, and I ain’t deviating from it. Sell half, house’s money rest, congratulations, you made a ton.”

A close-up of a laptop monitor with stock market prices scrolling up and down.

CoreWeave (NASDAQ:CRWV) provides a cloud platform designed to accelerate and scale compute-intensive workloads, especially for generative AI applications. The company offers high-performance computing resources, infrastructure management tools, and services for AI training, inference, rendering, and dataset optimization. On May 27, Cramer made the following comment on the company:

“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.”

While we acknowledge the potential of CRWV 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.

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Disclosure: None.