Jim Cramer on Nextpower: “We Left It Way Too Soon”

Nextpower Inc. (NASDAQ:NXT) was among Jim Cramer’s stock calls on Mad Money, as he highlighted the AI opportunities in neoclouds. Answering a caller’s query about the stock, Cramer said:

I think I’ve lost the right to be able to say anything about that because that’s Shug’s company, Dan Shugar, and we made money on it, but you know what? We left it way too soon. That man is a miracle worker. I like that company very much. But again, I lost the right to say that because we sold it so low.

Photo by Artem Podrez on Pexels

Nextpower Inc. (NASDAQ:NXT) provides solar tracker technologies and energy management software for solar projects. The company develops specialized hardware for difficult terrain and weather conditions and offers digital tools to monitor and improve power production. During the February 4 episode, a caller asked whether they should add to their position in the stock or hold. Cramer responded:

Alright, that’s… Dan Shugar… We actually owned it for the trust. We sold it too soon. He is a moneymaker. Just go buy it. That’s how good he is. Just go buy it. I love that guy.

While we acknowledge the risk and potential of NXT 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 NXT and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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