We recently published 13 Stocks Jim Cramer Discussed During His Historic Morning Appearance. CoreWeave, Inc. (NASDAQ:CRWV) is one of the stocks Jim Cramer recently discussed.
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CoreWeave, Inc. (NASDAQ:CRWV) has placed itself as a key player in the artificial intelligence supply chain. The firm provides computing infrastructure to AI software companies. Since its IPO earlier this year, the shares have gained 192%. Cramer’s previous comments about CoreWeave, Inc. (NASDAQ:CRWV) have shared worries about whether the stock’s meteoric gains mean that it might have to shed some of them. More recently, AI infrastructure firm Nebius’ shares shot up by 49% after Microsoft announced a $17 billion deal with the firm. Cramer discussed the similarities between CoreWeave, Inc. (NASDAQ:CRWV) and Nebius:
“[On whether Nebius was a similar company to CoreWeave] Yes it is. And by the way, CoreWeave, and Nebius, these are builder, okay. And they also repair people. And I know that that sounds very pedestrian. But they break, the racks break and the reason why CoreWeave is known as being great is because they are Johnny on the spot, it sounds silly, but they are.”
While we acknowledge the potential of CRWV as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, 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.