Jim Cramer on SoFi: "I Think It's Resting Right Here, and Then It's Going to Go Up Again"

SoFi Technologies, Inc. (NASDAQ:SOFI) is one of the stocks Jim Cramer recently commented on. During the episode, a caller asked how far Cramer thinks it will go, and he replied:

“Okay, SoFi, I think, is an amazing company. I think it is run terrifically by Anthony Noto, a very old friend, of now more than 30 years. I think it’s resting right here, and then it’s going to go up again. It and Affirm are my two favorite so-called fintechs because they do far more than what people think they do.”

SoFi Technologies, Inc. (NASDAQ:SOFI) provides lending, banking, investment, and insurance services through digital platforms. The company offers personal, student, and home loans, cash management, investment tools, credit cards, and financial wellness products. Cramer discussed the company during the October 24 episode and said:

“Okay, here’s one, SoFi. You know we’re behind this one, right, the digital bank? It’s had a huge run that you have to ask if anything can justify the move beyond where it is. The rally today didn’t help. I don’t know. Call me, let me say, critical because I do, am concerned about profit taking there.”

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