Jim Cramer Recommends Goldman Sachs Over Nu Holdings

Nu Holdings Ltd. (NYSE:NU) was among the stocks Jim Cramer looked at as he discussed the recent bounce in software stocks. Answering a caller’s query about the stock during the episode, Cramer said:

It’s okay. I mean, look, we just had Goldman Sachs report a quarter that was unbelievable and the stock’s down. I would take advantage of the fact that that stock is down and pick up some Goldman Sachs. Okay, down 17, not bad.

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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 inquired about the stock during the lightning round of January 23, and Cramer responded:

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.

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