Jim Cramer Weighed in on These 17 Stocks

14. Oklo Inc. (NYSE:OKLO)

Number of Hedge Fund Holders: 23

Oklo Inc. (NYSE:OKLO) is one of the stocks that Jim Cramer weighed in on. During the episode, Cramer mentioned the stock and remarked:

“Until this market, I found it very hard to recommend anything… because historically, parabolic moves tend to explode in your face. But you know what? I violated my rule for this market simply because the moves are too big and the opportunities too frequent to pass on all of them. I don’t want you to miss making some big money because of a view that might no longer be relevant. Let’s take some stocks.

Take Oklo, okay. You might have seen them on TV today. Here’s a company that I’m asked about every couple of weeks, one that’s working on new nuclear technology. I felt that the stock’s parabolic run from $21 to $31 was just too steep for me, even as I’m a huge believer in nuclear. Finally, I switched my view and told people to buy it regardless of the parabola because it has just so much going for it. Today, Oklo announced an integrated power solution for data centers, might be worth billions to shareholders. It’s a turnkey solution no one else has. The stock has now doubled since I waived my parabola ban, doubled.”

Oklo (NYSE:OKLO) develops advanced fission power plants to deliver clean and affordable energy. The company also focuses on recycling nuclear waste into usable fuel for its reactors.