Jim Cramer on Coinbase Stock: "I Think This One's Going Higher"

Coinbase Global, Inc. (NASDAQ:COIN) is one of the top 10 S&P 500 winners of the day that Jim Cramer highlighted. Cramer showed a bullish sentiment toward the stock and broader crypto group, as he said:

“Next, Coinbase. Alright, the cryptocurrency stocks, they just never want to quit. And this is a group that matters, even if older portfolio managers don’t care [and] look the other way. I think this one’s going higher, to who knows where.”

Coinbase Global, Inc. (NASDAQ:COIN) operates a platform for crypto assets, and it offers consumer accounts, institutional trading services, and developer tools for building onchain applications. In February, Cramer commented that he would prefer investors just buy Bitcoin instead of the company stock, as he said on February 4:

“Listen, sunshine, just go buy coin, just go buy the Bitcoin. Well, yeah. What do we do with the Coinbase? We don’t want the Coinbase, we want the Bitcoin because that could be a, by the way, the, we make that special petroleum reserve slash Bitcoin reserve, that’ll do better than Coinbase.”

While we acknowledge the potential of COIN 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.