Jim Cramer Says Trump’s Fed Chair Tussle Is Like “The Godfather” & Discusses These 10 Stocks

8. Block, Inc. (NYSE:XYZ)

Number of Hedge Fund Holders In Q4 2024: 81

Block, Inc. (NYSE:XYZ) is a fintech firm that offers payment processing products and services. The shares have lost 39% year-to-date as they haven’t recovered from the 18% dip in February and have struggled amidst concerns about an economic slowdown. The February dip was after the firm’s quarterly results, and after they were released, Cramer commented that he thought the numbers were fine. This time around, he commented on Block, Inc. (NYSE:XYZ)’s competitive environment in the context of fintech firm Global Payments acquiring another company:

“People should know that it’s PayPal, Stripe, Square, all against them. And I think that these guys could be very powerful versus those. . . .Square’s had a little bit of problems.”