Jim Cramer on Nextracker: “I’d Like to Have It Cool off a Little Bit”

Group 1 - Nextracker Inc. (NASDAQ:NXT) specializes in designing and supplying solar tracking systems and software aimed at optimizing energy generation for large-scale solar projects [2] - The stock has experienced a significant increase, gaining over 135% since Jim Cramer's positive commentary on the company [2] - Cramer highlighted that Nextracker is a strong company with a current valuation of 24 times earnings, indicating a parabolic move in its stock price [1] Group 2 - Despite the potential of Nextracker as an investment, there are AI stocks that are perceived to offer greater upside potential and lower downside risk [3] - The company’s technology is entirely made in America, which aligns with current trends favoring domestic production [2]