Jim Cramer Picks Nokia as AI Supercycle Winner While Dumping on BWX Technologies' 30x Multiple
Jim Cramer gave contrasting verdicts on two nuclear and AI infrastructure plays, supporting Nokia as an AI supercycle winner while dismissing BWX Technologies because of its 30x multiple. He framed the difference as coming down to valuation in a rising rate environment.
Why it matters — A BWXT watcher would care because a prominent market commentator publicly criticized the company's valuation, potentially influencing investor perception of the stock.