NEW: Jim Cramer says Trump could use Truth Social stock to fund his 2024 election campaign. "Well,

NEW: Jim Cramer says Trump could use Truth Social stock to fund his 2024 election campaign.

"Well, the fact is, is that if he can get it, President Trump can get his hands on that stock and sell it? Holy cow! Those nine battleground states? Look out! Billions!"

This comes after Trump's net worth briefly increased to over $7 billion due to a rise in the value of his Truth Social stock ($DJT).

Cramer suggests people are buying the stock as a means of indirectly funding Trump's campaign.

"You buy some of that, maybe you make it so there's more money for the campaign. It's an easier way than donating. It's a backdoor."

Last week, Cramer described the stock as "overvalued" on 𝕏.

Are Jim Cramer's election predictions as reliable as his stock market recommendations?

https://twitter.com/KanekoaTheGreat/status/1775006287929245698

@KanekoaTheGreat