Jim Cramer on CoreWeave: "I'm on Hold Right Now"

CoreWeave, Inc. (NASDAQ:CRWV) is one of the stocks on Jim Cramer’s radar recently. Noting that the stock is nowhere near its high, a caller asked what Cramer thinks of the company. Here’s what Mad Money’s host had to say in response:

“Okay, I’m on the fence on CoreWeave right here. I’ll tell you why. They’re trying to do this acquisition. I want to get this thing out of the way. I do think that the acquisition would be better than not. I hope they get it. If they get it… and the stock goes down, that would be the exquisite time to buy. So I’m on hold right now, but I do like the company very much. I like the CEO, Michael Intrator. Terrific guy.”

CoreWeave, Inc. (NASDAQ:CRWV) is a technology company provides cloud infrastructure and services to support AI and enterprise compute workloads. The company’s solutions include GPU and CPU compute, storage, networking, servers, and tools for AI model training, rendering, and dataset optimization.

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