10 Stocks on Jim Cramer’s Radar

6. SoFi Technologies, Inc. (NASDAQ:SOFI)

Number of Hedge Fund Holders: 43

A caller asked what they should do with SoFi Technologies, Inc. (NASDAQ:SOFI) in the recent volatile market and Cramer replied:

“Well, it’s just easy. I got the answer for you. Listen, I got it and it’s etched in, it’s etched in rock. Tomorrow, you’re gonna sell half, and the rest of the time, for the rest of your life, you’re gonna play with the house’s money. And that is called… victory.”

SoFi (NASDAQ:SOFI) offers a variety of services, such as lending, banking, insurance, and investment options, all available through one online platform. In early February, when asked about the company, Cramer said:

“The reason why SoFi has moved from where it was to where it is, is because it’s much more of a service provider stock, it’s FinTech than it is a lender these days. But I do think it needs to digest. I would not buy at this level. Maybe put a quarter of your position on, let it come in. It’s been perched here precariously for a while. I think you can go down from here.”