Jim Cramer on Lightwave Logic: "I Can't Recommend It"

Lightwave Logic, Inc. (NASDAQ:LWLG) is one of the stocks Jim Cramer was focused on recently. Answering a caller’s query about the stock during the lightning round, Cramer commented:

“You know, that’s one of those companies that has almost no revenues. It’s never really done anything. I’m going to have to say no. I’m going to have to say, if you own it, I want you to sell it, okay? I’m sorry. It just, you can’t have, no, they have nothing. No sales, nothing. I can’t recommend it.”

Lightwave Logic, Inc. (NASDAQ:LWLG) develops electro-optic polymer materials and photonic devices that enable high-speed data transfer through fiber-optic networks.

While we acknowledge the potential of LWLG 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.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

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