Jim Cramer on NuScale: "Scale Out on the Way Up"

NuScale Power Corporation (NYSE:SMR) is one of the stocks Jim Cramer discussed, along with the tech battleground. A caller inquired if they should buy more, hold, or sell the stock, and here’s what Mad Money’s host had to say in response:

“The only one I want… to buy is GE Vernova because they actually know how to build one of these things. I want you to scale out on the way up… Sell some at $27. Sell some at $30. Get rid of all of it.”

NuScale Power Corporation (NYSE:SMR) provides advanced small modular reactor technology centered on its 77-MWe NuScale Power Module. During the June 11 episode, a caller inquired about the stock, and Cramer responded:

“NuScale, okay, here’s the problem with NuScale, it is… really, really high. Here’s the answer with NuScale, if it does an offering here, that’s when I’d buy. I’d wait for the stock offering after what happened with Oklo tonight.”

While we acknowledge the potential of SMR 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.