Jim Cramer Says "Buy Oklo"

Oklo Inc. (NYSE:OKLO) is one of the stocks that Jim Cramer shared insight on. A caller inquired about Cramer’s opinion of the stock, and he said:

“Okay, Oklo’s the stock that changed my mind in this, for this show. When it was at 30, I just said, I can’t take it anymore. Every time you get a good headline, this stock goes up, and that’s exactly what it has, and there are more good headlines ahead. Buy Oklo.”

Oklo Inc. (NYSE:OKLO) designs and builds advanced fission power plants to provide scalable, low-emission energy. The company also develops nuclear fuel recycling technologies that convert waste into functional reactor fuel. It is worth noting that on August 14, when discussing the stock, Cramer commented:

“Oklo wants to build a small nuclear reactor that runs on nuclear waste. Love it. We need nuclear power, but it may take years to build, make that years and years, even if it’s a small-scale production. The stock’s up 247% year to date because this administration’s even more pro-nuke than the previous one. But man, it’s really hard to construct a nuclear reactor. The process takes forever, and the cost overruns are often endless. I’m not so sure why Oklo would be any different. Irrational.”

While we acknowledge the potential of OKLO 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.