Jim Cramer’s Thoughts on These 16 Stocks

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12. Shopify Inc. (NASDAQ:SHOP)

Number of Hedge Fund Holders: 69

Shopify Inc. (NASDAQ:SHOP) is one of the stocks that Jim Cramer expressed thoughts on. Answering an investing club member’s query about the stock during the lightning round, Cramer commented:

“Let me tell you something… That stock’s going much higher. And they, by the way, the service that they provide is perfect.”

Shopify Inc. (NASDAQ:SHOP) provides a commerce platform that helps businesses manage sales, payments, fulfillment, and customer engagement across online, retail, and social channels. Cramer mentioned the company during the September 29 episode, as he remarked:

“My expectation is we’ll continually be surprised by the new things that these companies can accomplish. Like today, when OpenAI announced this amazing deal with Etsy and Shopify to enable direct purchases in ChatGPT, that’s a huge use case, and it jolted those two stocks to the stratosphere. That’s the kind of thing that can happen over and over again as the underlying AI technology just gets better and better.”

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