Jim Cramer Looked at 5 Stocks, Including NVIDIA, Vistra, and Lightwave

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1. Figma, Inc. (NYSE:FIG)

Figma, Inc. (NYSE:FIG) was among the stocks Jim Cramer looked at as he discussed the recent bounce in software stocks. Noting that the stock has been declining recently, a caller asked for the reason behind the decline. Cramer replied:

Well, okay, it’s going down and down because a lot of people feel you can do the same thing that Figma does with Google, I’m not kidding with Google, and that’s what’s causing it to go down and I don’t know how to stop that because some stocks that compete with Google just, well, that’s the wrong place to be.

Figma, Inc. (NYSE:FIG) provides a cloud-based design platform that enables teams to collaborate on interface design, prototyping, and product development. It offers tools for design systems, whiteboarding, presentations, illustration, brand assets, websites, and AI-driven prototyping.

A caller asked about the stock during the January 27 episode and noted it was down. Cramer responded:

Yeah, yeah. They bagged people on that one, man. People actually, no, I shouldn’t say that. People got too excited about it. Figma’s very good design software, but you know what? You got Adobe out there just flailing, and I don’t want to touch design software. I really don’t. I think it’s just too hard.

While we acknowledge the potential of FIG to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than FIG and that has 100x upside potential, check out our report about the cheapest AI stock.

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