Jim Cramer regrets selling Nextpower Inc. early, citing strong leadership and AI-linked opportunities in solar energy management.
Jim Cramer stated on *Mad Money* that Nextpower Inc. (NASDAQ:NXT) was sold too soon from his trust’s portfolio, praising CEO Dan Shugar’s leadership. Cramer advised a caller to buy the stock, calling Shugar a “miracle worker” and “moneymaker.” The endorsement follows NXT’s focus on AI-enabled solar tracker technologies and energy management software for challenging conditions.
Nextpower specializes in hardware for difficult terrain and digital tools to optimize solar power production. While Cramer highlighted its potential, he noted his trust no longer holds a position, limiting his ability to comment. The company’s software leverages AI to improve efficiency in solar projects, aligning with broader industry trends.
The remarks come as NXT positions itself in the neocloud and AI-driven energy sector. Cramer’s bullish stance contrasts with his trust’s prior exit, though he stopped short of providing a formal recommendation due to the early sale.