Jim Cramer on Lightwave Logic: “I Can’t Recommend It”

Lightwave Logic, Inc. (NASDAQ:LWLG) is one of the stocks Jim Cramer was focused on recently. Answering a caller’s query about the stock during the lightning round, Cramer commented:

“You know, that’s one of those companies that has almost no revenues. It’s never really done anything. I’m going to have to say no. I’m going to have to say, if you own it, I want you to sell it, okay? I’m sorry. It just, you can’t have, no, they have nothing. No sales, nothing. I can’t recommend it.”

Stock market reports printed on a sheet of paper. Photo by RDNE Stock Project on Pexels

Lightwave Logic, Inc. (NASDAQ:LWLG) develops electro-optic polymer materials and photonic devices that enable high-speed data transfer through fiber-optic networks.

While we acknowledge the risk and potential of LWLG 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 LWLG and that has 10,000% 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.