Cramer Explains Why This AI Lending Platform Is 'A Little Too Risky For Me'

On CNBC’s "Mad Money Lightning Round," Jim Cramer said Upstart Holdings, Inc. UPST is a "little too risky for me, it’s losing money."

When asked about Altria Group, Inc. MO, he said, "I’m too old, and I’ve seen too much destruction in my own life, the tobacco, for me to recommend a tobacco stock, including people in my own family, so I’m going to take a hard pass on that one."

"I’m still not sold on it," Cramer said when asked about NextEra Energy, Inc. NEE.

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When asked about SoFi Technologies, Inc. SOFI, he said, "I see that the company [had] a really huge move, and then had a big pullback, but I think that Noto is a steady hand, so I’m in favor of owning a stock, but not trading the stock."

Price Action: Shares of SoFi gained 2.6% to close at $7.47, while NextEra Energy lost 4.1% to $50.62 on Wednesday. Altria shares gained 1.3% to settle at $41.65, while Upstart rose 2.7% to close at $26.86 on Wednesday.

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