Jim Cramer Says “I Want You to Sell Terawulf”

TeraWulf Inc. (NASDAQ:WULF) is one of the stocks Jim Cramer recently provided insights on. Responding to a caller about WULF, Cramer commented:

“Yeah, well, this isn’t, no look, if you want to have Bitcoin, the amazing thing about Bitcoin is you buy Bitcoin. I want you to sell Terawulf. Now, look, the shorts could rub it in my face, and there’s a big short position, 31%, and it could go up. But I don’t have any convictions, so I can’t tell you to buy it.”

Pixabay/Public Domain

TeraWulf Inc. (NASDAQ:WULF) operates as a digital asset technology company that focuses on developing and managing bitcoin mining facilities. During the September 12 episode, a caller inquired about the stock and Cramer replied:

“No, no. Terawulf is just kaput. We want to go elsewhere. We do not have to mess with that low quality. We like high quality, high quality only on Mad Money.”

While we acknowledge the risk and potential of WULF 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 WULF 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.