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2021-10-25

$SoFi Technologies Inc.(SOFI)$ Jim Cramer Recommends Buying PayPal And This WallStreetBets-Favorite Stock ( SOFI ) ‘‘ CNBC host Jim Cramer said he believes that shares of two fintech companies — PayPal Holdings Inc. (NASDAQ: PYPL) and Reddit-favorite SoFi Technologies Inc. (NASDAQ: SOFI) — are worth buying now.

What Happened: Cramer said on his “Mad Money” show that investors should look to get some exposure to “nouveau banks,” as expectations remain high for Wall Street banks heading into earnings season. ‘‘ SoFi Technologies is seeing high interest from
retail investors.

The stock is down 33% from its 52-week high of $28.26 touched in February, while its year-to-date returns are almost 55.01%. ‘

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