Jim Cramer on Horizon Technology Finance Corporation: “I Don’t Trust It”

Horizon Technology Finance Corporation (NASDAQ:HRZN) is one of the stocks Jim Cramer was asked about. When a caller asked about the stock, Cramer replied:

“Yeah, I have no idea what they own, and I will never recommend a stock where I do not know what’s under the hood. I don’t trust it.”

Image by MayoFi from Pixabay

Horizon Technology Finance Corporation (NASDAQ:HRZN) provides secured debt and venture lending to development-stage, venture-backed companies in technology, life sciences, healthcare, cleantech, and sustainability sectors.

While we acknowledge the risk and potential of HRZN 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 HRZN 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.