Jim Cramer: Fiserv Is 'One Of The Greatest Fintechs,' Calls This Tech Company A Meme Stock

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On CNBC's “Mad Money Lightning Round,” Jim Cramer said Fiserv, Inc. FI is “one of the greatest fintechs.”

As per recent news, Fiserv announced on March 3 that it had completed its acquisition of Payfare Inc.

When asked about Farmland Partners Inc. FPI, he said, “I kind of like the idea as a spec.”

On the earnings front, Farmland Partners, on Feb. 19, reported better-than-expected fourth-quarter financial results and issued FY25 FFO guidance above estimates.

Sempra SRE reported a “bad” quarter, Cramer said, “There are several things that are definite misses. It does deserve to trade lower.”

On Feb. 25, Sempra posted fourth-quarter adjusted earnings of $1.50 per share, missing market estimates of $1.60 per share. The company's sales came in at $3.76 billion, falling short of expectations of $4.36 billion.

When asked about Recursion Pharmaceuticals, Inc. RXRX, he said, “We're going to have to hold off.”

On Feb. 28, Recursion Pharmaceuticals posted worse-than-expected fourth-quarter financial results.

Rigetti Computing, Inc. RGTI is a “meme” stock,” the Mad Money host said. “It is not trading on the fundamentals.”

As per the recent earnings report, Rigetti Computing, on March 5, reported fourth-quarter revenue of $2.3 million, missing a Street consensus estimate of $2.5 million according to data from Benzinga Pro.

Cramer recommended to own ONEOK, Inc OKE. “I think ONEOK may be the best-run pipeline company in the country,” he added.

Supporting his view, ONEOK, on Feb. 24, posted better-than-expected quarterly earnings.

“There are still remedies that are needed. Until all the remedies happen, I am not going to approve it,” Cramer said when asked about Super Micro Computer, Inc. SMCI.

On March 3, JPMorgan maintained an Underweight rating on the stock, saying its filling revealed material weaknesses.

Price Action:

  • Fiserv shares fell 0.9% to settle at $218.04 on Friday.
  • Sempra shares slipped 0.5% to close at $69.30 during the session.
  • Rigetti Computing shares jumped 9.9% to settle at $9.35.
  • Recursion Pharmaceuticals shares climbed 5.6% to close at $6.59 on Friday.
  • ONEOK shares fell 0.2% to settle at $89.57.
  • Farmland Partners shares gained 0.5% to close at $11.15.
  • Super Micro Computer shares gained 3.2% to close at $38.24 on Friday.

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