Eos Energy Enterprises, Inc. (NASDAQ:EOSE<\/b>) is one of the stocks Jim Cramer commented on<\/b>. Mentioning that they bought the stock last year, a caller asked what is going on with it. Here\u2019s what Cramer had to say in response:<\/p>\n Sell it. I mean, it\u2019s just a kind of classic, that\u2019s a year of magical thinking, magical investing stock. We don\u2019t want to touch that one. But it is in Edison, New Jersey, which is where, by the way, Edison was born. It just happens to be a great coincidence.<\/p>\n<\/blockquote>\n Stock market data. Photo by Jakub Zerdzicki on Pexels<\/p>\n Eos Energy Enterprises, Inc. (NASDAQ:EOSE) develops zinc-based battery energy storage systems designed for utility-scale and industrial use as an alternative to lithium-ion and lead-acid technologies. The company announced the launch of Eos Indensity on January 14. The architecture uses a design framework called Spatial Intelligence to handle site-specific needs for scale and safety. The system builds on the company\u2019s Z3 module and zinc-powered Znyth technology. Eos Energy Enterprises, Inc.\u2019s (NASDAQ:EOSE) CEO, Joe Mastrangelo, said:<\/p>\n We\u2019ve taken everything we\u2019ve learned over 15 years and built a system that answers the toughest questions in energy storage: How do you scale responsibly? How do you deliver flexibility without compromise? How do you make storage safe enough to sit next to the assets that power modern life? The idea of what we call Spatial Intelligence\u2014thinking deeply about and designing for the daily needs and realities of the places our storage would go\u2014that was our team\u2019s guiding star, and Indensity is our answer. And it\u2019s ready now.<\/p>\n<\/blockquote>\n While we acknowledge the potential of EOSE as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock<\/b>.<\/p>\n READ NEXT: <\/b>30 Stocks That Should Double in 3 Years<\/b> and <\/b>11 Hidden AI Stocks to Buy Right Now<\/b>.<\/b><\/p>\n Disclosure: None. This article is originally published at Insider Monkey<\/b>.<\/p>\n<\/p><\/div>\n\n
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