We recently posted 12 stocks mentioned by Jim Cramer in an episode where he briefly commented on data centers. Fermi Inc. Common Stock (NASDAQ:FRMI) is one of the stocks that Jim Cramer recently discussed.
Fermi Inc. shares are listed. Common Stock (NASDAQ:FRMI) is trading on the day this episode airs. It is a company seeking to target the growing needs for artificial intelligence infrastructure by building a data center complex powered by nuclear, natural gas, and solar energy. Through these energy sources, Fermi Inc. aims to Common Stock (NASDAQ:FRMI) is relying on clean energy to power its AI data centers. Cramer commented on the company after co-host David Faber stated that the $18.90 spot dilution was suboptimal. Since the day trading began, shares have lost 6.7%. Here’s what Cramer had to say about Fermi Inc. Common Stock (NASDAQ:FRMI):
“I think this guy might be suboptimal… Toby Neugebauer, well, he had an anti-wake bank…
While we recognize the potential of FRMI as an investment, our conviction lies in the belief that some AI stocks hold greater promise for higher returns and have limited downside risk. If you’re looking for a super cheap AI stock that’s also a major beneficiary of Trump’s tariffs and repatriation, check out our free report on Best AI stocks for short term.
Read next: 30 stocks should double in 3 years and 11 Undercover AI Stocks You Can Buy Now.
Disclosure: None. This article was originally published on The monkey inside.
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