Oklo Inc. (NYSE:OKLO) is one of Jim Cramer’s Best Nuclear Power Stock Picks, Hits and Misses. Oklo Inc. (NYSE:OKLO) is an American company that develops nuclear fission power plants. Its shares have risen 101% over the past year and 63% since Cramer talked about them in February.
While Oklo Inc. (NYSE:OKLO) stock rose a whopping 389% between March and mid-October, Cramer still advised caution. A major factor driving the CNBC TV host’s opinion was his belief that Oklo Inc. (NYSE:OKLO) did not have a clear timeline for delivering its nuclear power plants. Unlike the company, it continued to be held accountable for GE Vernova’s actions. Since mid-October, shares of Oklo Inc. (NYSE:OKLO) are down 65%. Media reports suggest that their project delivery times and losses are some of the factors driving the pessimism. Here’s what Cramer had said about the company in February 2025:
“We don’t really need them, if we don’t want them, you know. I’ll tell you what we really don’t need, we don’t need nuclear fission through Oklo. A total fan favorite. That’s one of the most speculative stocks out there… It’s terrifying when you own a stock because of the prospects of quantum computing and then those hopes are dashed by an authoritative insider.”
While we recognize OKLO’s potential as an investment, we believe certain AI stocks offer greater growth potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that’s also benefiting significantly from Trump-era tariffs and the offshoring trend, check out our free report on best short-term AI stock.
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