Praising SoFi Technologies, Inc. (NASDAQ:SOFI), a caller inquired about it, and Cramer replied:
“Oh, I like SoFi. We’ve been back, you know, Anthony Noto knows we have been behind this thing the whole way, and you know what? It gets thrown back at this level, I am not concerned. I think it goes to new highs.”
A professional banker shaking hands with an entrepreneur in a boardroom setting.
SoFi provides lending, banking, insurance, and investment services, which are all accessible through a single digital platform. When Cramer was asked about the company in March, he advised investors not to panic, as he commented:
“Let’s not worry. Let’s not worry. Okay, this is run by Anthony Noto. He is doing a super job. I know that right now, stocks are for sale. I don’t want you to sell it. It can come down a little bit more. Do not panic. The company’s in good hands and the stock was up a great deal not that long ago. I think you’re fine. I’m not saying it can’t go to $10, I am saying that Noto’s money.”
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