Jim Cramer Says Klarna (KLAR) Can Deliver On Its Promises

We recently published 16 Stocks Jim Cramer Mentioned In An Episode Where He Said OpenAI Could Beat All Big Tech Giants. Klarna Group plc (NYSE:KLAR) is one of the stocks Jim Cramer recently discussed.

Klarna Group plc (NYSE:KLAR) is a financial technology company that provides banking, payment, and advertising services. In his previous comments, Cramer has remarked that the firm is “heading in the right direction” with regard to profitability. This time, he discussed Klarna Group plc (NYSE:KLAR)’s footprint and management:

“Yeah I don’t want to lose sight that’s buy-now, pay-later, IPO, Klarna. Very good company. Most of the analysts who like it, I think that’s a sense that we can’t lose, we can’t lose sight that there’s these deals that happen. Then they sell off. And then suddenly the analysts really do like it. This is different fro say Circle, where they, the public just took it up. I like the company very much, but it’s a crowded field. Now they have a huge footprint, worldwide footprint, I think it’s a very good, I met with the company years ago and they told me, look this is what’s going to happen. Everything they said happened. Which brings me to a theory. That we have to be careful. We have really smart people who are in business. These are fellows are from overseas, and they make claims. And you can sit there and say, that is pie in the sky. Cause I was one of the early people that they met for the Street.com. Or you can say, you know what, we gotta listen. This guy, is making promises. He may deliver on them. Far exceeded the promises. People do that.”

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

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