Jim Cramer Discusses Why He Refuses to Cut and Run on SoFi Technologies

Jim Cramer Discusses Why He Refuses to Cut and Run on SoFi Technologies


SoFi Technologies, Inc. (NASDAQ:SOFI) is among Jim Cramer’s latest stock calls as he covered Exxon, Lockheed, and others. A caller asked if the stock is a buy, sell, or hold. In response, Cramer said:

I saw it at $15 today. I said, how the heck could it be that low? I remember it was at $30, people liked it. At $15, how am I going to cut and run? It’s good. I did not like it at that price, but other people did.

Jim Cramer Discusses Why He Refuses to Cut and Run on SoFi Technologies

A technical stock market chart. Photo by Energepic from Pexels

SoFi Technologies, Inc. (NASDAQ:SOFI) provides lending, banking, investment, and insurance services through digital platforms. The company offers personal, student, and home loans, cash management, investment tools, credit cards, and financial wellness products. A caller asked about the stock during the March 24 episode, and Cramer replied:

I gotta tell you, there’s a controversy about SoFi, but I’ve gone point by point about what they’re up to and what they’ve done. I find that the bulls are right. I find that Anthony Noto is right. I’ve known Anthony Noto since 1998. I never question his character, and I’m a believer in SoFi.

While we acknowledge the potential of SOFI 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.

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