Was Jim Cramer Right About These 13 Stocks?

7. SoFi Technologies Inc. (NASDAQ:SOFI)

Number of Hedge Fund Holders: 43

Cramer acknowledged investor frustration with SoFi Technologies Inc. (NASDAQ:SOFI) back then but defended the company’s financial decisions. However, he defended the company’s long-term prospects, making it clear he still saw value in the business:

“Now, I know many of you are frustrated about this. We’ve gotten a lot of calls about it. I feel frustrated too, because I’ve championed SoFi at many points. I told [a caller] that I still believe in the enterprise and issued an open invitation to CEO Anthony Noto to come on and explain why the stock is still worth owning.”

SoFi Technologies Inc. (NASDAQ:SOFI) has been the 2^nd best performer on this list, having risen by 61.96% since the show aired last year.

Cramer talked about SoFi Technologies Inc. (NASDAQ:SOFI) again on the 5^th of February this year, saying this:

“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.”