“Every Stock I'm Buying in This Pullback (5 New Buys)”
CRWV is high-risk but attractive: demand is strong, with nearly $2.6 billion quarterly revenue up 112 percent and a $104 billion backlog, offset by heavy capex, large debt and a $626 million net loss. At about $63 it looks undervalued; I expect a rebound toward the moving average around $80 or mid-$80s.
The first stock is CoreWeave, whose ticker symbol is CRWV. I think the easiest way to understand CoreWeave is that it is essentially selling the infrastructure behind the AI boom.
CoreWeave operates a cloud platform specifically designed for artificial intelligence. Companies need massive amounts of GPU computing power to train AI models and to run those models through inference at an increasing rate.
CoreWeave builds infrastructure , gains access to vast amounts of GPU and data center capacity and power , and then sells that computing power to the world's largest AI technology companies.