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Here's why Jim Cramer thinks red-hot IPO Klarna is still a buy at these levels

1. Klarna's IPO opened at $52, gaining 14.55% on the first day. 2. Jim Cramer sees Klarna as a buy with solid fundamentals. 3. Klarna's valuation is over $17 billion; growth potential remains strong. 4. Company focuses on growth, entering 12 new markets since 2019. 5. Klarna generates revenue from fees, advertising, and consumer financing.

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FAQ

Why Bullish?

Cramer’s endorsement and recent gains imply strong investor interest in Klarna, similar to successful peers.

How important is it?

Cramer's positive outlook and Klarna's rapid growth signal potential for stock appreciation.

Why Short Term?

Current market sentiment is positive post-IPO, but early volatility is common.

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