The fintech company’s stock, which had for years been one of the performers in the market, has been struggling mightily as of late. It’s fallen more than 20% since Aug. 1, when it was trading at $83 per share. It dropped below $60 on Wednesday.
Still, the “Mad Money” host thinks Square isn’t a company to shy away from.
“Square’s fundamentals are sound, so it’s a broken stock, not a broken company, which means you can absolutely buy this one into weakness,” Cramer said. “Worst case? It goes down some more and the stock gets even cheaper.”