Oklo Inc. (NYSE:OKLO) is one of the stocks Jim Cramer put under the spotlight. A caller asked about stock, stating they bought shares at $72 in early September, sold half when the stock hit $140, and are now considering if they should buy more or wait after a pullback to $110. In response, Cramer said:
“You’ve got a really good position and you don’t mess with it. I was joking with Jeff Marks today. I said, why don’t we just go buy some OKLO? I can’t take it anymore. That’s how I talk all the time. And he said, why would we do it? I said, because it just has done nothing but go up. When you hear someone say that, even if it’s me, I’ll tell you what you do, you don’t touch it. Let’s just stay the course.”
Photo by Frédéric Paulussen on Unsplash
Oklo Inc. (NYSE:OKLO) designs advanced fission power plants to deliver clean and reliable energy at scale. Additionally, the company 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.