Jim Cramer on Hercules Capital: “I Want You to Stay Away From These”

Hercules Capital, Inc. (NYSE:HTGC) is one of the stocks Jim Cramer talked about. Answering a caller’s query regarding the stock, Cramer stated:

No, this is a business development company. We’ve disliked these for 21 years now… There was one today that we talked about with, that BlackRock did. I want you to stay away from these. You don’t know what’s in them, and it tends to be stuff that you would never buy.

Photo by AlphaTradeZone

Hercules Capital, Inc. (NYSE:HTGC) is a business development company that provides venture debt, growth capital, and private equity to companies. We recently discussed the company while covering high-growth financial stocks. You can read it here.

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

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