Jim Cramer on Circle Internet: "I'm Going to Bless It Right Here"

Circle Internet Group (NYSE:CRCL) is one of the stocks on Jim Cramer’s radar recently. A caller checked back with Cramer, noting that about two months ago, he had suggested waiting for a meaningful pullback before buying the stock, and asked what he thinks of the stock now. He 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.”

Circle Internet Group (NYSE:CRCL) provides stablecoins and blockchain-based financial products, including a U.S. dollar-denominated stablecoin.

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Disclosure: None. This article is originally published at Insider Monkey.