Jim Cramer Recalls Recommending SoFi at Four Dollars

SoFi Technologies, Inc. (NASDAQ:SOFI) is one of the stocks Jim Cramer offered insights on. A club member mentioned buying Robinhood, SoFi, and Reddit during the spring’s tariff-driven market decline, and asked if they can buy it back in. Cramer commented:

“Man, you were smart… No, I don’t want you to do that. I want you to wait till they come down. I don’t want you to turn a great investment into a bad trade. Every one of those is terrific. Don’t feel bad about SOFI. That was an incredible, actually, you know, look, let’s feel bad about the losers, not the winners. That SOFI was incredible. We recommended SOFI at 4. I’m looking at my executive producer… She remembers when we did it, it was like one of these moments, it was a cold shot. I feel terrific about it, but you just had a great investment and you… booked a big profit. Nobody ever got hurt booking a profit.”

SoFi Technologies, Inc. (NASDAQ:SOFI) provides a broad range of financial services, including lending, banking, investing, credit cards, insurance, and financial management tools.

While we acknowledge the risk and potential of SOFI 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 SOFI 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.