Jim Cramer Recently Shared Insights on These 18 Stocks

5. Galaxy Digital (NASDAQ:GLXY)

Number of Hedge Fund Holders: N/A

Galaxy Digital (NASDAQ:GLXY) is one of the 18 stocks Jim Cramer recently shared insights on. During the episode, Cramer had several positive things to say about the company’s CEO, as he commented:

“But what they’re really interested in are stocks that don’t get coverage, even if they trade millions and millions of shares every day. Look at the volumes of these things. We all ought to be talking about them constantly, stocks like… Galaxy Digital… [It] is run by Mike Novogratz. Here’s a company that specializes in all this stuff that young investors can’t get enough of, digital assets, cryptocurrencies, blockchains. Michael pops up on Squawk Box. He’s incredibly articulate, as you’d expect from a former partner of both Goldman Sachs and Fortress Investment Group. He’s basically a good guy.

When I think of this cohort, I wonder why we don’t devote hours to this stuff because there’s a hunger for it like no other I’ve ever seen. Any stock that trades 10 million shares a day is worth covering, but there’s no analyst covering them, and nobody knows anything about them. Wall Street ignores them entirely. Now that the IPO window’s open again, I believe we’ll see dozens of these companies come public, and they’ll continue to go uncovered because they have no pedigree and no sponsorship.”

Galaxy Digital (NASDAQ:GLXY) provides financial services that focus on digital assets, including trading, lending, and advisory solutions tailored for institutions and individuals. The company also develops and manages technology infrastructure for blockchain applications, including mining, custody, and Web3-focused investment platforms.