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Sam Altman-backed Oklo Inc. (NYSE: OKLO) and Nano Nuclear Energy Inc surged 19.79% and 17.34%, respectively while nuclear utilities like Constellation Energy Corp (NASDAQ: CEG) and GE Vernova Inc. (NYSE: GEV) climbed 5.

Investors interested in OKLO stock should wait for a better entry point, considering its premium valuation and declining earnings estimates.

We recently published a list of Was Jim Cramer Right About These 12 Stocks? In this article, we are going to take a look at where Oklo Inc. (NYSE:OKLO) stands against other stocks that Jim Cramer discusses.

Shares of Oklo soared by double digits for the second day in a row Wednesday after the nuclear technology company announced “a significant step forward” in the construction of its first nuclear power plant.

Shares of Oklo ( OKLO 0.30%) are flying this week. Since trading halted last Friday, the nuclear power start-up 's stock has surged 28.2% as of 2:33 p.m. ET. The impressive jump comes as the S&P 500 and Nasdaq-100 both had monster weeks, rising 4.3% and 6.2%, respectively.

Oklo shares are trading higher by 14.4% during Wednesday's session. The stock is gaining following a series of strategic and financial updates.