Jim Cramer Says Oklo (OKLO) Getting “It Right” Might Not Be Enough
Core Insights - Oklo Inc. (NYSE:OKLO) has been highlighted by Jim Cramer following a Financial Times report indicating the company has no revenue, binding contracts, or licenses for power plants, which Cramer described as "devastating" [1] - Cramer emphasized that despite Oklo being valued at seven billion dollars, its lack of revenue raises significant concerns about its future prospects [1] Company Analysis - Oklo Inc. is currently viewed as a nuclear stock with substantial backing, including support from notable figures like Sam Altman and favorable attention from the President [1] - The potential of Oklo as an investment is acknowledged, but there is a belief that other AI stocks may offer better returns with lower risk [2]