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.”

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