Jim Cramer Recently Put These 18 Stocks Under a Microscope

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1. CoreWeave, Inc. (NASDAQ:CRWV)

Number of Hedge Fund Holders: 29

CoreWeave, Inc. (NASDAQ:CRWV) is one of the stocks Jim Cramer recently put under a microscope. Cramer noted that the company did not deliver a good quarter, as he commented:

“… the quarter we just got from CoreWeave, that’s a key data center operator that had to cut its full-year outlook today because it has contracted with an outfit called Core Scientific that failed to deliver its part of several data centers on time. It’s a huge piece of business that didn’t get done. The missed quarter shocked people, and it was a wake-up call that you can’t build these data centers overnight, and there could be even more costs than we thought.”

CoreWeave, Inc. (NASDAQ:CRWV) provides cloud infrastructure and services to support AI and enterprise compute workloads. The company’s solutions include GPU and CPU compute, storage, networking, rendering, AI model training, and machine-learning optimization tools. A caller inquired about Cramer’s thoughts on the company during the October 24 episode, and he replied:

“Okay, I’m on the fence on CoreWeave right here. I’ll tell you why. They’re trying to do this acquisition. I want to get this thing out of the way. I do think that the acquisition would be better than not. I hope they get it. If they get it… and the stock goes down, that would be the exquisite time to buy. So I’m on hold right now, but I do like the company very much. I like the CEO, Michael Intrator. Terrific guy.”

While we acknowledge the potential of CoreWeave, Inc. (NASDAQ:CRWV) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than CRWV and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

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