10 Stocks on Jim Cramer’s Radar

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1. Visa Inc. (NYSE:V)

Number of Hedge Fund Holders: 165

A caller asked Cramer how he thought companies like Visa Inc. (NYSE:V) would be affected given that President Trump mentioned roller credit card usury fees back. Cramer replied, “Don’t worry about Visa. Visa’s just a kind of a, a transfer system.”

Visa Inc. (NYSE:V) is a technology company specializing in payment solutions. It provides a wide range of services, such as transaction processing, credit, debit, and prepaid card offerings, as well as solutions for international payments, fraud prevention, digital services, and e-commerce payment integrations. At the beginning of February, Cramer said that investors are attracted to the company and stated:

“Here’s one that drives me crazy though, Visa. This stock and its doppelganger MasterCard, run payment networks that take no risk and make billions. Everyone wants to buy now, pay later. That’s what they want, right? You want the buy now pay later outfits.

And look, Affirm is up a lot, not tonight, it is a great company, but a lot of people, I think the big institutions want the Colossus. They want the kings, the credit card companies that can do no wrong with no risk and that are, those are Visa and MasterCard.”

While we acknowledge the potential of Visa Inc. (NYSE:V) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter timeframe. If you are looking for an AI stock that is more promising than V but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and Complete List of 59 AI Companies Under $2 Billion in Market Cap.

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

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