Monday, April 6

Block’s (XYZ) “Not That Great,” Says Jim Cramer


We recently published 9 Stocks Jim Cramer Talked About in a Show Where He Advised OpenAI to Slow Down. Block, Inc. (NYSE:XYZ) is one of the stocks Jim Cramer discussed on the show.

Block, Inc. (NYSE:XYZ) is a financial technology company known primarily for its Square and Cash App platforms. It factored into the discussion as Cramer discussed PayPal and Intuit and pointed out that neither was doing great on the stock market. Block, Inc. (NYSE:XYZ)’s shares have lost 28% year-to-date, making it another financial software and technology firm that has struggled in 2025. In his previous comments about the firm, Cramer hasn’t shared any love for the firm. For instance, in May, he commented that the firm should change its ticker to “SELL.” Block, Inc. (NYSE:XYZ) reported its third-quarter earnings earlier this month, which led to the shares dipping by 8%. During the quarter, the firm’s revenue was $6.11 while its earnings were $0.54. Both of these missed analyst estimates. Cramer was nonchalant about Block, Inc. (NYSE:XYZ):

“We know that Block, Square, whatever, not being, not that great.”

Block's (XYZ) "Not That Great," Says Jim Cramer
Block’s (XYZ) “Not That Great,” Says Jim Cramer

Here’s what Cramer said about Block, Inc. (NYSE:XYZ) in May:

“There’s a piece, an inpenetrable piece by Bank of America about, I mean I love NVIDIA. . .I couldn’t get through this one. I mean, come on, guys. Put in some, a little verbiage, like we saw on Square, now X, now XYZ, now Block, now Sell. They should change it into Sell. That would be good. SELL.”

While we acknowledge the potential of XYZ as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.



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