Jim Cramer Explains His Stance on PJT Partners Stock

PJT Partners Inc. (NYSE:PJT) is one of the stocks that Jim Cramer recently shed light on. When a caller asked Cramer’s thoughts on the company during the lightning round, he said:

“You know, we don’t really know what they own inside, you know, it’s like some sort of crazy, it’s a service thing that I don’t really understand. It’s a, just buy Goldman Sachs.”

Stock market reports printed on a sheet of paper. Photo by RDNE Stock Project on Pexels

PJT Partners Inc. (NYSE:PJT) is an investment bank that provides strategic, shareholder, capital markets, and restructuring advisory services. The firm advises on M&A, financings, governance, fundraising, and complex investor and geopolitical matters. Carillon Tower Advisers stated the following regarding PJT Partners Inc. (NYSE:PJT) in its Q4 2024 investor letter:

“PJT Partners Inc. (NYSE:PJT) is a global advisory-focused boutique investment bank. The stock performed well, driven by solid quarterly earnings and an upbeat outlook for 2025. Election results also aided the stock as M&A is expected to pick up under the new administration.”

While we acknowledge the risk and potential of PJT as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than PJT and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.