Jim Cramer on Interactive Brokers Group, Inc. (IBKR): “I Say Buy”

We recently published a list of 8 Stocks on Jim Cramer’s Radar. In this article, we are going to take a look at where Interactive Brokers Group, Inc. (NASDAQ:IBKR) stands against other stocks on Jim Cramer’s radar.

A caller asked if they should start a position in Interactive Brokers Group, Inc. (NASDAQ:IBKR). Here’s what Cramer had to say in response:

“The brokerage firm that is very, very smart and very well run. And I do like brokers, particularly those that are able to let us do what we want, and that’s one of them. I say buy.”

A skilled senior trader executing an order in a fast paced trading environment.

Interactive Brokers (NASDAQ:IBKR) provides electronic trading services for a wide range of financial instruments, including stocks, options, futures, and cryptocurrencies, while also offering custody, brokerage, and lending solutions to both institutional and individual clients. Baron Focused Growth Fund stated the following regarding Interactive Brokers Group, Inc. (NASDAQ:IBKR) in its Q4 2024 investor letter:

“Interactive Brokers Group, Inc. (NASDAQ:IBKR) is a leading online brokerage house that serves customers in over 200 countries. Positive returns during the quarter reflected strong fundamental performance, including year-over-year growth of 30% in accounts, 33% in client assets, and 45% in margin loans. These increases were driven largely by Interactive Brokers’ strength in international markets, as non-U.S. investors looked to access U.S. markets and equities, which largely outperformed their global peers in 2024. The company also participated in the broader rally of financial stocks following the Republican elections sweep. Expectations of heightened capital markets activity, a more pro-business regulator, and the potential for increasing market volatility all bode well for the company’s volumes, account growth, and earnings. We believe Interactive Brokers has a compelling long-term growth path and remain investors.”

Overall, IBKR ranks 5th on our list of stocks on Jim Cramer’s radar. While we acknowledge the potential of IBKR as an investment, our conviction lies in the belief that 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 IBKR and that has 100x 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.