Jim Cramer’s Thoughts on These 5 Stocks

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

Number of Hedge Fund Holders: 43

A caller asked Cramer’s opinion on SoFi Technologies, Inc. (NASDAQ:SOFI), mentioning the stock plummeting to $12 recently. Cramer replied:

“Let’s not worry. Let’s not worry. Okay, this is run by Anthony Noto. He is doing a super job. I know that right now, stocks are for sale. I don’t want you to sell it. It can come down a little bit more. Do not panic. The company’s in good hands and the stock was up a great deal not that long ago. I think you’re fine. I’m not saying it can’t go to $10, I am saying that Noto’s money.”

SoFi (NASDAQ:SOFI) provides a range of services, including lending, banking, insurance, and investment opportunities, all accessible through a single online platform. Two weeks ago, when Cramer was asked about the company, he said:

“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.”