Jim Cramer on Oklo: “It Might Have a Future”

Oklo Inc. (NYSE:OKLO) is one of the stocks that Jim Cramer recently discussed. During the episode, Cramer called it a “speculative stock.” He said:

“Now you’ve got, oh hey, you’ve also got the nuclear power stories like Oklo, which sold off hard today… I then talked about someone I met this weekend, get this, who bought Oklo, who truly did not know what the company did other than that, like something to do with nuclear, and it went up a lot.

True, Oklo’s involved with fission power. It can recycle waste as fuel. It might have a future. When the stock hit 30, I was adamant that people had to be careful with it, but then, when it went up another 10%, I threw in the towel. I said, hey, listen, it’s a speculative stock. If you want to own it, go ahead.”

Jim Cramer on Oklo: "It Might Have a Future"

dan-meyers-xXbQIrWH2_A-unsplash

Oklo (NYSE:OKLO) builds advanced fission power plants to deliver clean and reliable energy, and develops technology that turns nuclear waste into fuel for its reactors.

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

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

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