Jim Cramer advises selling half of CoreWeave position bought at $40, stock has seen 210% increase
From Yahoo Finance: 2025-06-15 05:27:00
CoreWeave, Inc. (NASDAQ: CRWV) is among the 18 stocks Jim Cramer recently discussed. Cramer advised a caller who bought at over $40 to sell half the position and play with house money. CoreWeave provides a cloud platform for compute-intensive workloads, particularly generative AI applications, and has seen a 210% increase since its IPO.
Cramer expressed caution about buying CoreWeave at current levels, despite recommending it earlier. While acknowledging its potential, there are other AI stocks with greater upside and less downside risk. For those seeking an undervalued AI stock with potential benefits from Trump-era tariffs, a free report on the best short-term AI stock is available.
Read more at Yahoo Finance: “Play With the House’s Money”