Jim Cramer Wonders What to Do With Oklo (OKLO)

We recently published Jim Cramer Discussed These 11 Stocks & Commented On A Market Reversal. Oklo Inc. (NYSE:OKLO) is one of the stocks Jim Cramer discussed.

Oklo Inc. (NYSE:OKLO) is a nuclear power firm that is designing small modular reactors. Cramer frequently uses the firm as an example of how the 'era of magical investing' is over. The CNBC TV host believes that Oklo Inc. (NYSE:OKLO) is facing long deadlines when it comes to delivering its nuclear projects. After the firm's recent earnings report, Cramer reminded viewers of Mad Money that a 400% gain in the shares was a great opportunity to "ring the register." In this appearance, he reiterated the long delivery times that Oklo Inc. (NYSE:OKLO) will have to contend with and wondered how one should approach their stocks:

"Look, do you think that Oklo, do you think that these companies that are nuclear, that don't have any nuclear, what do we do with those? I mean a nuclear plant, it takes 8 to 10 years. Even a small modular reactor is going to take 6, 7 years. David, this is not a blue chip."

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