Jim Cramer Urges to "Ring the Register" on Core Scientific Stock

Core Scientific, Inc. (NASDAQ:CORZ) is one of the stocks on Jim Cramer’s radar. When a caller asked about the company, Cramer replied:

“Well, but you know… remember, they’re selling themselves to CoreWeave, so you can just sell it tomorrow and ring the register. Why not ring the register? You’re not an arbitrageur and neither am I.”

Core Scientific, Inc. (NASDAQ:CORZ) provides digital asset mining and hosting services, managing its mining operations and supporting customers with infrastructure, equipment, and maintenance. The company offers power, software, and facility solutions to optimize blockchain transaction processing. In December 2024, Cramer said:

“Yeah, I’ll tell you… if you think that today was a seminal market, in other words, that the Fed did something that is gonna make people very nervous, this stock will go down for maybe a couple [of] days. It is very intriguing, but remember, it’s losing money. Losing money stocks will not do well in this newer environment. So let’s be careful before we buy more of that stock.”

While we acknowledge the potential of CORZ as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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