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Jim Cramer on Oklo: 'Nuclear is Coming Back'
Jim Cramer on Oklo: 'Nuclear is Coming Back'

Yahoo

timea day ago

  • Business
  • Yahoo

Jim Cramer on Oklo: 'Nuclear is Coming Back'

Oklo Inc. (NYSE:OKLO) is one of the 12 stocks on Jim Cramer's radar recently. A caller asked about the company during the lightning round. Here's what Mad Money's host had to say: 'Okay, I know Oklo really well. There would be a time where I said, listen, don't touch it. But you know what? Nuclear is coming back. I'm not going to keep anybody out of Oklo. It is just… too likely that they actually do.' An aerial view of a nuclear plant, its domes casting a unique shadow. Oklo (NYSE:OKLO) develops and constructs fission power plants that generate stable, large-scale energy. The company also provides services related to the recycling of spent nuclear fuel. It is worth noting that on June 11, Cramer said: 'What else fits the moment? We've become transfixed by nuclear power. We know that the data centers that seem to be going up everywhere are humongous users of electricity. We know that the hyperscalers who run the data centers would prefer to use nuclear power because it's clean. We know that we've been decommissioning nukes for decades because we thought they were unsafe. But one company, Oklo, never gave up hope that the nuclear industry could turn things around and has toiled for 12 years to get its form of nuclear power endorsed by our government. While we acknowledge the potential of OKLO as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

McCormick CEO: We are a growth oriented company
McCormick CEO: We are a growth oriented company

Business Insider

timea day ago

  • Business
  • Business Insider

McCormick CEO: We are a growth oriented company

In an interview on CNBC's Mad Money, Brendan Foley said the company is investing in its brands. 'Our product portfolio is positioned well for the future,' he noted. 'We're working with a lot of fast growing, emerging brands.' The company's business in China is starting to show 'gradual growth,' he added. McCormick (MKC) has done a great job mitigating the impacts of tariffs, he noted. Confident Investing Starts Here:

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