Jim Cramer on Western Union: "It's Got No Growth"

The Western Union Company (NYSE:WU) is one of the stocks Jim Cramer recently gave takes on. During the lightning round, when a caller asked about the stock, Cramer said:

“You know what? It’s just, it’s, it’s got no growth. It does have that big yield, but that’s not what we want. We want growth. Growth and compounded income is how we make money here, not something like that.”

The Western Union Company (NYSE:WU) provides global money transfer and payment solutions through retail agents, digital platforms, and mobile services. The company also offers bill payments, money orders, prepaid cards, foreign exchange, and digital wallet services. On September 9, The Western Union Company (NYSE:WU) formed a partnership with dLocal, (NASDAQ:DLO) to add more digital payment options for people sending money in Latin America. Customers will be able to use local methods like bank transfers and cards on Western Union’s online platforms, giving them more choice, faster transfers, and lower costs. The deal also supports the region’s growing shift to digital services, following record remittance levels of $161 billion in 2024.

While we acknowledge the potential of WU 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.