Jim Cramer on Nu Holdings: "If You Want an International Bank, Let's Not Forget It's Santander"

Nu Holdings Ltd. (NYSE:NU) is one of the stocks Jim Cramer discussed, along with market shortages. Starting the lightning round, Cramer answered a caller’s query about the company as he said:

I think, look, I liked NU from when it came public. I think it’s okay. It’s a little to me, I don’t know, I don’t like a bank that has that big a price-to-earnings multiple, even if they are a very forward-looking bank. And by the way, if you want an international bank, let’s not forget it’s Santander.

Nu Holdings Ltd. (NYSE:NU) operates a digital banking platform that covers several financial needs like credit cards, personal and business accounts, and investment options. A caller asked about the stock during the January 24, 2025, episode, and Cramer replied:

You know this is a FinTech company, and it’s a really hard company… It’s very expensive. I actually would prefer I, I prefer SoFi, which reports on Monday morning.

It is worth noting that since the above comment was aired, the company’s stock has gained over 46%.

While we acknowledge the potential of NU 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.

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.