From Yahoo Finance: 2025-04-27 10:33:00

Jim Cramer discussed Upstart Holdings, Inc. (NASDAQ:UPST) among 13 stocks on Mad Money. He noted the market rally’s dynamics involving President Trump and Fed Chair Powell. Trump’s clarification on not firing Powell led to a positive market shift. Cramer questioned if this was a genuine market turnaround, emphasizing early stages often face skepticism.

Cramer initially discouraged investing in UPST, favoring JPMorgan. However, UPST soared 91.72% since then, contradicting Cramer’s view. UPST, an AI-based lending platform, ranks 2nd among Cramer’s discussed stocks. While UPST shows promise, other AI stocks may offer higher returns. An AI stock performing better than UPST is highlighted, trading at a discount.

Hedge funds’ stock picks often outperform the market. Cramer’s past opinions on stocks may not reflect current views. UPST’s AI-based lending platform defied Cramer’s initial skepticism, showing significant growth. Despite Cramer’s preference for JPMorgan, UPST’s performance has been impressive. The potential of AI stocks for high returns is emphasized, with one AI stock outperforming UPST.



Read more at Yahoo Finance: Jim Cramer on Upstart Holdings, Inc. (UPST): ‘I Don’t Like It’