Jim Cramer Has A 'Problem' With This Fintech Giant: 'I Like The Mastercards And The Visas Now'

On CNBC’s "Mad Money Lightning Round," Jim Cramer said Block, Inc. SQ reported a good quarter.

"My problem with it is I like the Mastercards and the Visas now. We’re getting away from the crazy fintech’s of old. We like the fintech’s of new."

Archer Aviation Inc. ACHR is "way too speculative for me. It’s going to have to be on your dime."

When asked about Arbor Realty Trust, Inc. ABR, he said, "I’m going to have to say hard pass."

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When asked about Becton, Dickinson and Company BDX, he said. "If you bought it after that big shortfall, I think you’ll be fine. The company is very reactive, and it will fix the situation, so I think you’ll be OK."

"I don’t recommend tobacco stocks," Cramer said when asked about Philip Morris International Inc. PM.

Price Action: Shares of Philip Morris fell 0.5% to close at $91.28, while Block fell 0.04% to $56.28 on Thursday. Becton, Dickinson gained 0.6% to settle at $235.07, while SolarEdge Technologies fell 4.4% to close at $76.52 during Thursday’s session. Arbor Realty Trust stock declined 8.7% to settle at $12.24, while Archer Aviation fell 3% to close at $6.26 on Thursday.
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