Robinhood (HOOD) Had A Great Quarter, Says Jim Cramer

We recently published Jim Cramer Discussed These 25 Stocks In An Important Show About AI Spending. Robinhood Markets, Inc. (NASDAQ:HOOD) is one of the stocks Jim Cramer recently discussed.

Robinhood Markets, Inc. (NASDAQ:HOOD) is one of Cramer’s favorite stocks in the financial technology space. He believes that the firm is integral to the wealth transfer from older generations to the younger ones. Calling it the “young person’s brokerage house,” the CNBC TV host has previously remarked that the firm enables users to invest in nearly anything they want. In this appearance, he discussed Robinhood Markets, Inc. (NASDAQ:HOOD)’s CFO and the firm’s fiscal third quarter earnings that saw its $1.27 billion in revenue and $0.61 in EPS beat analyst estimates:

“I mean I’m worried about owning Robinhood without Jason Warnick, the CFO. I mean no one’s ever heard of Jason but he’s really pretty good.

“Yeah look I think that it was a great quarter. I think that Warnick the CFO, who is really a great man, has really guided me through the situation.  And he’s departing, not, look the guy, he’s done enough in life, it’s nothing that’s serious in terms of the company but a lot of us really, truly respect him and he really helped us in terms of understanding the pastiche. Its still a lot of [inaudible] it’s still a lot of crypto, but it’s still good.”

While we acknowledge the potential of HOOD as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

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