Jim Cramer on Oklo: "I Don't Think it's Done Going Higher"

Oklo Inc. (NYSE:OKLO) is one of the stocks Jim Cramer weighed in on. Cramer made some bullish comments toward the stock, as he said:

“Then viewers urged me to focus on nuclear power. When I looked up over, when I looked over the group, I found one that seemed like a serious spec, Oklo, which is building small form nuclear reactors. Given the high demand for electricity thanks to the data center buildout, which we heard just again tonight with Oracle, and the fact that Oklo’s a company with significant customer interest, I decided to suspend my critical judgment. And I told you that it might take only one positive headline for this stock to rock, and sure enough, a $33 stock gapped up when it was selected for a DoD contract. I don’t think it’s done going higher.”

Oklo Inc. (NYSE:OKLO) designs advanced fission power plants to deliver scalable clean energy and develops nuclear fuel recycling technology that transforms waste into usable reactor fuel.

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