9 Stocks Jim Cramer Discussed As He Commented On Big Tech

4. Circle Internet Group (NYSE:CRCL)

Number of Hedge Fund Holders In Q1 2025: N/A

Circle Internet Group (NYSE:CRCL) is one of the hottest stocks of 2025. The shares have gained a whopping 129% since their IPO. Circle Internet Group (NYSE:CRCL) has benefited primarily from the enthusiasm surrounding the stablecoin market. Digital assets have soared in popularity, particularly among younger investors, as they grow worried about the strength of the US Dollar and US debt. However, while Circle Internet Group (NYSE:CRCL) is a key player in the stablecoin market, Cramer wondered whether the firm has a lasting competitive advantage in the hot sector:

“But I question, whether Circle is going to be proprietary? Because anyone can set up a stablecoin.

“I don’t think so [whether they have anything special.” There’s nothing proprietary about what they have. And that’s my point.”

Cramer isn’t a fan of Circle Internet Group (NYSE:CRCL) as he recently commented:

“It can be any part of the PARCs… Circle Internet Group, the red-hot recent IPO that I’m not particularly fond of because it’s a stable coin play, and pretty soon, because of that GENIUS Act, I think it’ll be flooded with stable coins.”