Jim Cramer on Chime: 'I Want to Buy It'
Chime Financial, Inc. (NASDAQ:CHYM) is one of the 14 stocks Jim Cramer recently shared insights on. Highlighting its recent IPO, which was originally priced at $27 but opened at $43, a caller inquired after Cramer's thoughts on the company. He replied:
'Okay… Look, I think Chime was part of this, there… [were] a couple of days where no matter what anybody did, the things were going up, and then this one happened and it cost too much and people got nervous about it. $10 billion, Chime, I want to buy it. I think it's going to be good. I think every analyst is going to come out and recommend it. I think you get a good price here, buy the next… at $25.'
A portfolio manager analyzing a stock chart, seeking to find the right investments.
Chime Financial (NASDAQ:CHYM) is a fintech company that provides a mobile banking app that helps users manage spending, savings, credit building, and access to funds, while emphasizing security and community support.
While we acknowledge the potential of CHYM 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: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money.
Disclosure: None.
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