Jim Cramer has a blunt verdict on three hot stocks
When it comes to the stock market's most recent high flyers, Jim Cramer is not shy about his words. In a post on X, the CNBC anchor mentioned three stocks that he called "BORROWED TIME."
On August 1, Cramer pointed to CoreWeave, Circle, and Figma as overbought. His advice comes as excitement swells around, as few tech and crypto-adjacent firms have lately gone public.
Figma (FIG), the design software company, had its debut on July 31on the New York Stock Exchange.
Soon after debuting at its $33 IPO price, Figma shares skyrocketed to $98—marking a surge of over 198% on its first day of trading. At one point, FIG went as high as $148 per share.
At press time, however, FIG was trading at $114.05, down 1.26% in the last day. The company is valued at $55.66 billion as of writing.
Figma also made headlines for its Bitcoin treasury holdings before going public, and has plans to grow its Bitcoin balance by adding another $30 million in BTC.Similarly, Circle (CRCL), the publicly traded stablecoin issuer for USDC, has already seen a phenomenal run-up since going public on the New York Stock Exchange (NYSE) on June 5.
It debuted at $31 per share, peaked in the day at $248, and had a rally of 700%. But on Friday afternoon, Circle was trading at $169.76, down almost 8%.
The AI data center CoreWeave (CRWV), which originated from a crypto mining company, has also seen its fair share of growth. However, CRWV was trading at $104.28 on Friday, down from $114.13 the day before.
The stock prices come as the larger crypto market experiences substantial corrections, with an $805 million liquidation after President Donald Trump's new proposed tariffs.
Jim Cramer has a blunt verdict on three hot stocks first appeared on TheStreet on Aug 1, 2025
This story was originally reported by TheStreet on Aug 1, 2025, where it first appeared.
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