Circle Internet Group (NYSE:CRCL) is one of the stocks that received Jim Cramer’s latest comments. Cramer discussed the stock’s performance since its IPO, as he remarked:
“Circle Internet Group raised $1.2 billion at $31, and it’s at $72, the biggest winner in the group. Circle’s a digital asset story, and if companies ever choose to do business using crypto as an actual currency, it could be an even bigger winner. But even this one is way down from its highs. Overall, the IPO class of 2025 is a decidedly mixed bag. How about the insider selling?… A bunch of Circle insiders sold stock, but not huge amounts.”
Stock market data showing an upward trajectory. Photo by Burak The Weekender on Pexels
Circle Internet Group (NYSE:CRCL) operates a stablecoin-based financial platform that helps organizations move money and build applications using digital assets. A caller sought Cramer’s advice on the company’s stock during the October 24 episode, and the Mad Money host replied:
“You know what, I’ve come around to the idea that Circle is going to be a big company. It’s a fintech company for the next generation. One of the reasons is because I am a huge believer in digital assets, and I’m trying to find something else besides Bitcoin that I can tell people to buy. In other words, you know, you can buy Coinbase, you can buy the actual Solana if you want. You can buy any crypto. I think Circle Internet may be the right way to go, and that’s hard fought for me because I wasn’t going to go there, but I’m going to bless it right here, right now.”
While we acknowledge the potential of CRCL as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
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Disclosure: None. This article is originally published at Insider Monkey.
