Jim Cramer Discusses President Trump & CoreWeave (CRWV)

We recently published 14 Stocks Jim Cramer Talked About.  CoreWeave Inc. (NASDAQ:CRWV) is one of the stocks Jim Cramer talked about.

CoreWeave Inc. (NASDAQ:CRWV), along with Oracle, is a key player in the AI infrastructure space. Cramer has discussed the stock several times over the past couple of months and commented on the firm’s close relationship with AI GPU giant NVIDIA. The shares are up by 136% since their IPO last year. Truist discussed CoreWeave Inc. (NASDAQ:CRWV)’s shares in January and set an $84 share price target along with a Buy rating. Amongst several factors that it discussed, the financial firm pointed out CoreWeave Inc. (NASDAQ:CRWV)’s close relationship with NVIDIA. Banking behemoth JPMorgan also commented on the shares. It kept a Neutral rating and a $110 share price target. The bank commented that CoreWeave Inc. (NASDAQ:CRWV) is facing sizable AI demand but warned that the stock’s erratic trading patterns might not be for everyone. Cramer discussed the firm in the context of President Trump:

“So we know this weekend, that we got Trump, we got his, what he’s been buying, you see that, what he’s been buying? So he’s been buying CoreWeave, CoreWeave bonds. Next thing I know, Michael Intrator is in Davos, talking about CoreWeave, and I’m like saying, okay, that’s it, the President is buying CoreWeave. . .”

While we acknowledge the potential of CRWV as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, 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.