Jim Cramer on Nu Holdings: “If You Want an International Bank, Let’s Not Forget It’s Santander”

Nu Holdings Ltd. (NYSE:NU) is one of the stocks Jim Cramer discussed, along with market shortages. Starting the lightning round, Cramer answered a caller’s query about the company as he said:

I think, look, I liked NU from when it came public. I think it’s okay. It’s a little to me, I don’t know, I don’t like a bank that has that big a price-to-earnings multiple, even if they are a very forward-looking bank. And by the way, if you want an international bank, let’s not forget it’s Santander.

Photo by Artem Podrez on Pexels

Nu Holdings Ltd. (NYSE:NU) operates a digital banking platform that covers several financial needs like credit cards, personal and business accounts, and investment options. A caller asked about the stock during the January 24, 2025, episode, and Cramer replied:

You know this is a FinTech company, and it’s a really hard company… It’s very expensive. I actually would prefer I, I prefer SoFi, which reports on Monday morning.

It is worth noting that since the above comment was aired, the company’s stock has gained over 46%.

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Disclosure: None. This article is originally published at Insider Monkey.