Jim Cramer on Oklo: “Just Stay the Course”

Oklo Inc. (NYSE:OKLO) is one of the stocks Jim Cramer put under the spotlight. A caller asked about stock, stating they bought shares at $72 in early September, sold half when the stock hit $140, and are now considering if they should buy more or wait after a pullback to $110. In response, Cramer said:

“You’ve got a really good position and you don’t mess with it. I was joking with Jeff Marks today. I said, why don’t we just go buy some OKLO? I can’t take it anymore. That’s how I talk all the time. And he said, why would we do it? I said, because it just has done nothing but go up. When you hear someone say that, even if it’s me, I’ll tell you what you do, you don’t touch it. Let’s just stay the course.”

Photo by Frédéric Paulussen on Unsplash

Oklo Inc. (NYSE:OKLO) designs advanced fission power plants to deliver clean and reliable energy at scale. Additionally, the company develops nuclear fuel recycling technology that transforms waste into usable reactor fuel.

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.

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