Nano Nuclear’s (NNE) Shares Down A Year After Jim Cramer Advised Selling the Stock

Nano Nuclear Energy Inc (NASDAQ:NNE) is one of Jim Cramer’s Hottest Nuclear Energy Stock Picks, Hits & Misses. Nano Nuclear Energy Inc (NASDAQ:NNE) is a nuclear reactor and uranium company developing different kinds of reactors, such as gas-cooled reactors, micro reactors, and solid-core battery reactors. Its shares are down by 32% over the past year and by 30% since Cramer discussed it in March. As was the case with other stocks in its sector, Nano Nuclear Energy Inc (NASDAQ:NNE)’s shares also surged until October 2025 before being on a downward trend since then. Between January’s start and October’s end, the stock surged by 76%. On the same day, i.e., September 19th, that the US and UK announced a $350 billion deal to invest in nuclear, AI, quantum computing and other technologies, Nano Nuclear Energy Inc (NASDAQ:NNE)’s stock closed a whopping 40% higher. However, the stock is down since October, following multiple catalysts such as additional equity offerings. Cramer had advised viewers to sell Nano Nuclear Energy Inc (NASDAQ:NNE) in March:

“I think you just sell Nano Energy. I think the first time we’ll see any nuclear… in this country is 2033 and that’ll be done by GE Vernova if it’s lucky.”

While we acknowledge the potential of NNE as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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