Jim Cramer’s Recent Thoughts on These 15 Stocks

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5. Coinbase Global, Inc. (NASDAQ:COIN)

Number of Hedge Fund Holders: 69

Inquiring about Coinbase Global, Inc. (NASDAQ:COIN), a caller asked how investors should digest the news of the company being on the receiving end of a recent cyberattack. Here’s what Cramer had to say:

“Now here’s what I feel about Coinbase: Another stock that I like, and I’m going to give you a twofer, I think that you should also like Robinhood. I like that more than Coinbase because I wasn’t that crazy obviously about the hacks, but Coinbase is doing very well. But Robinhood is doing exceptionally well, and I would be a buyer of Robinhood.”

Coinbase (NASDAQ:COIN) delivers technology and infrastructure that support the cryptocurrency market. The company provides financial accounts for individuals, a platform for institutional trading, and tools designed for developers. It is worth noting that in February, when Cramer was asked about the company, he commented:

“Listen, sunshine, just go buy coin, just go buy the Bitcoin. Well, yeah. What do we do with the Coinbase? We don’t want the Coinbase, we want the Bitcoin because that could be a, by the way, the, we make that special petroleum reserve slash Bitcoin reserve, that’ll do better than Coinbase.”

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