AI Stocks Dominate Monday’s Top 10 Performers

6. Oklo Inc. (NYSE:OKLO)

Oklo Inc. ended a two-day losing streak on Monday, closing 10.76 percent higher at $21.93 apiece as investors resorted to bargain-hunting to take advantage of the recent drop.

Monday’s share price marked a rebound from last week’s drop that was weighed down by the overall market pessimism and news that Sam Altman, the high-profile CEO of OpenAI and a key investor in the company, reduced his stake in OKLO to 4.8 percent from 8.2 percent previously.

Meanwhile, Jim Cramer, former hedge fund manager and currently the host of the Mad Money show, recommended investors to sell their stocks in OKLO.

“I’m a great believer in nuclear power, but that does not make me want to own any of the stocks that are involved in it right now, given the fact that it’s going to be so many years before we actually build it. So I’m gonna have to say [sell, sell, sell] Oklo,” Cramer said in Mad Money’s episode on Wednesday.

OKLO designs and develops fission power plants to provide reliable, commercial-scale energy.