CoreWeave, Inc. (NASDAQ:CRWV) was among the Stocks on Jim Cramer’s Radar on Mad Money While Talking Upcoming Earnings. Cramer highlighted the company’s CEO’s possible next actions, as he said:
There are many possible bullish surprises next week. I think what may be a big surprise is a stock that is heavily shorted. It’s called CoreWeave, Michael Intrator… I like it… I’m worried there might be a funding deal. CoreWeave was quite aggressive about continuing to build new data centers. I don’t blame them. They are the best at that. We could get a real hit from CEO Michael Intrator if he didn’t offer stock, if they didn’t close a deal… He makes convertibles.
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CoreWeave, Inc. (NASDAQ:CRWV) runs a cloud platform designed to power and scale GenAI workloads with high-performance compute, storage, networking, and managed services. A caller asked about the stock during the April 20 episode and Cramer responded:
Well, CoreWeave is an aggressive buy… CoreWeave is what I consider a very aggressive buy. You are doing something very aggressive. I think the fundamentals are fantastic, but remember this is a new company with a lot of debt and will be prone to these types of moves up and down. So, it’s a rollercoaster, and I just want you to know that I’m with you in thinking it’s fantastic, but understand that you’re in for volatility when you own CoreWeave stock.
While we recognize CRWV’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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