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'I Like It Very Much': Jim Cramer Bullish On This Financial Stock Up 75% YTD

Published 07/12/2023, 13:52
Updated 07/12/2023, 15:10
© Reuters.  'I Like It Very Much': Jim Cramer Bullish On This Financial Stock Up 75% YTD

Benzinga - by Avi Kapoor, Benzinga Staff Writer.

On CNBC’s "Mad Money Lightning Round," Jim Cramer said he likes SoFi Technologies, Inc. (NASDAQ: SOFI) "very much." The company’s shares have surged more than 75% year-to-date.

Cramer said no to Sibanye Stillwater Limited (NYSE: SBSW). "When we’re going to go down there, we’re just going to buy Gold. Because we can’t fool around with bad operators," he added.

When asked about CleanSpark, Inc. (NASDAQ: CLSK), Cramer said, "Listen, when we want to buy cryptocurrency, what we do is we buy cryptocurrency. We just go right in there, and we buy Bitcoin. Simple. "

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The "Mad Money" host said he doesn’t want to buy Upwork Inc. (NASDAQ: UPWK) right now. "If we’re going to have a slowdown in jobs, if we get a Friday number that’s weaker, we’re going to say why do we own that stock," he noted.

Price Action: Shares of Upwork gained 0.8% to close at $13.97, while CleanSpark fell 0.6% to $9.25 on Wednesday. Sibanye Stillwater gained 4.8% to $4.60, while SoFi Technologies fell 1.3% to $7.89 during Wednesday’s session.

Now Read This: $18M Bet On Verve Therapeutics? Check Out These 3 Stocks Insiders Are Buying

Photo: Shutterstock

© 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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