Jim Cramer endorsed CoreWeave stock early, resulting in significant gains for investors. The company thrives in the AI sector with a strong Nvidia partnership, leading to rapid growth. Since its IPO, the stock has surged over 60%, contributing to its market cap nearing $100 billion. Many investors have successfully capitalized on this growth despite CoreWeave's current loss status, paralleling the patterns observed in high-growth companies like Crowdstrike and Shopify, which became profitable after extended periods of growth.
Congratulations to all of the people who bought CoreWeave on the deal as we suggested. It is a great company.
CoreWeave is a classic case of a high-growth stock that reports incredible earnings growth but has rising losses.
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