Jim Cramer Is "Not Particularly Fond" of Circle Internet Group

Circle Internet Group (NYSE:CRCL) is one of the stocks that Jim Cramer recently discussed. During the episode, Cramer said that he is “not particularly fond of” it. He commented:

“It can be any part of the PARCs… Circle Internet Group, the red-hot recent IPO that I’m not particularly fond of because it’s a stable coin play, and pretty soon, because of that GENIUS Act, I think it’ll be flooded with stable coins.”

Circle (NYSE:CRCL) operates a platform for stablecoin and blockchain-based applications, providing dollar-backed stablecoins and related tools for payments, liquidity, and developer integration across the digital financial system. Cramer mentioned the stock in a late June episode and said:

“Second group of winners, pretty much anything related to crypto. Now, some are linked to buying and selling crypto. Think Coinbase. Robinhood, the Circle Internet, that’s that newly public Stablecoin play, which came out of the IPO gate super hot. Let’s cool off… There are lots of smaller stocks that emulate these big dogs, and you see them trading all the time. You know what I mean? Meme.”

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