Jim Cramer Said Quantum Computing Could Quench AI’s Thirst For Water As He Discussed These 14 Stocks 

6. Bullish (NYSE:BLSH)

Number of Hedge Fund Holders In Q1 2025: N/A

Bullish (NYSE:BLSH) is a cryptocurrency exchange whose shares have dipped by 12.9% since their IPO last week. Cramer made the comments on the day of the firm’s IPO. Bullish (NYSE:BLSH)’s shares closed the day after gaining 83% to close at $68 for a significant gain over its IPO price of $37. Cramer discussed the stock as it listed its shares for trading, and on the next day, when he remarked that it was good that the stock had come down, as it demonstrated rationality on the part of market participants. Here’s what he said as Bullish (NYSE:BLSH) shares started their IPO:

“The interest on say, Reddit, wow. I mean I don’t know how they’re going to be able to open this one. This one is considered to be the institutional Coinbase, David. There is an allure of this one, big time, big time companies are trying to get in on this. You know like, this is, like BlackRock.”

The next day, Cramer discussed the dip in Bullish (NYSE:BLSH)’s shares:

“[On his thoughts about Bullish’s price action] Okay, so I think that it was amazing. Basically because it went up, a huge amount. And then there was profit taking. And that was actually, shows a little bit of rationality. I think there are a lot of people who just say, when I was watching someone’s, Frank Holland’s actually, show talking about how we all know it’s frothy. And I am a little more in the Rick Rieder camp, who says that it’s a really good time to invest. And the fact that Bullish came down a little bit made me feel okay, it’s not completely crazed. I was confused by Tom Farley, he’s the CEO, talking about how it’s gonna be a Solana-based business. Because you can’t buy Solana at Fidelity. IF you wanna buy Solana at Coinbase, you have to have a picture of your driver’s license. I mean they were like carding you to buy Solana. I want to know more about Solana was their choice.”