CoreWeave, Inc. (NASDAQ: CRWV) recently received comments from Jim Cramer regarding insider selling by the CEO and stock performance. The company raised $1.5 billion at $40 per share, with the stock now at $73. Cramer also mentioned the CEO selling $84 million worth of stock.
Cramer discussed CoreWeave, Inc.’s cloud platform for GenAI workloads and its recent quarter performance. The company had to cut its full-year outlook due to a contract failure with Core Scientific, impacting data center operations and causing a shock in the market.
While CRWV shows investment potential, other AI stocks may offer better returns with lower risk. Investors looking for undervalued AI stocks can explore opportunities beyond CRWV. Consider exploring the best short-term AI stock for potential growth opportunities.
Read more at Yahoo Finance: Jim Cramer Still Calls CoreWeave’s Stock Price a “Win” Despite Being Significantly Down From Its Peak
