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Jim Cramer favors Morgan Stanley over fintechs, praising its steady growth and $10T client assets milestone.

Market News
09 Sep 2026
24/7 Wall Street
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Bullish
Jim Cramer favors Morgan Stanley over fintechs, praising its steady growth and $10T client assets milestone.

Jim Cramer expressed skepticism about the wave of new fintech and blockchain IPOs, describing many as similar and hard to differentiate. Instead, he highlighted Morgan Stanley as a strong, quietly executing incumbent that recently surpassed $10 trillion in client assets. Morgan Stanley's solid Q2 2026 results, including record asset growth and consistent earnings beats, underpin Cramer's confidence. While acknowledging Robinhood's growth and innovation, Cramer prefers Morgan Stanley's proven wealth management model and attractive valuation, rating MS as a Buy and Robinhood as a Hold.

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