Jim Cramer on Hamilton Lane Incorporated: “No, Because the Company Is Way Too Levered to Private Credit”

Hamilton Lane Incorporated (NASDAQ:HLNE) is one of the stocks on which Jim Cramer expressed his thoughts. During the lightning round, when a caller asked if it was time to get into the stock, Cramer remarked:

No, because the company is way too levered to private credit, and we don’t want to go with private credit. The world has changed. Private credit is not a good thing.

Photo by Joshua Mayo on Unsplash

Hamilton Lane Incorporated (NASDAQ:HLNE) is a private equity firm that manages alternative investment strategies across different sectors, including disruptive technologies, healthcare, and energy. We recently discussed UBS’s price revision on the stock, which you can read about here.

While we acknowledge the risk and potential of HLNE 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 HLNE and that has 10,000% upside potential, check out our report about this cheapest AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None.  Follow Insider Monkey on Google News.