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. (NASDAQ:UPST) is a "little too risky for me, it’s losing money."

When asked about Altria Group, Inc. (NYSE: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. (NYSE:NEE).

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When asked about SoFi Technologies, Inc. (NASDAQ: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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