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Jim Cramer on Fermi Inc.: “It’s Kind of More of a Business Plan Than an Actual Business”
Yahoo Finance· 2025-10-04 21:01
Fermi Inc. (NASDAQ:FRMI) is one of the stocks Jim Cramer put under the microscope. Cramer said that it is too early for him to be comfortable recommending the stock. He stated: “Now, I find that this whole thing is kind of astonishing. See, this is a company that didn’t exist at the beginning of the year. Right now, I think it’s kind of more of a business plan than an actual business… Given the nature of this business, it could be a long, long time before these guys are turning a profit. So the restructur ...