Jim Cramer Discussed These 10 Stocks Recently

7. Snap Inc. (NYSE:SNAP)

Number of Hedge Fund Holders: 44

Discussing Snap Inc. (NYSE:SNAP), Cramer voiced the idea that the company should look into hiring a new CEO.

“They did too much stock-based compensation. They didn’t get the balance sheet right… I mean, there’s a possibility they make some money. I got an idea for them, new CEO. By the way, there’s no crime in that. You just swallow your pride and you just say, hey, you know what, I’m gonna let someone else do it.”

Snap (NYSE:SNAP) offers Snapchat, a visual messaging app, along with Snapchat+, Spectacles, and various advertising products, including AR and video/image-based ads. In August 2024, answering a question during the lightning round, Cramer said:

“No, they could use Patti Poppe (a reference to an earlier comment where he described Poppe as a “seasoned person”) too, frankly. I think that Snap is really not, it’s not investable… I just have to tell you that they seem like an irrelevant company. I know that’s a tough judgment, but that’s what I’m paid to do.”