Jim Cramer isn't shy about his expectations. Some of us on BloggingStocks pooh-poohed his earlier calls but it seems he knows of what he speaks! Today's third quarter earnings have Google Inc. (NASDAQ:GOOG) up big and, in comments on MAD MONEY tonight, Cramer touted his Google call. It's up $35 in after-hours trading, and he raised his target from $500 to $560, based on $14 per share and a 40x multiple.
GOOG traded up 7% to $457+ in after-hours trading after blowing away the street expectations.
Cramer, ever the showman, came out in the show's opening wearing GOOG in black marker on his forehead and on his knuckles.
GOOG traded up 7% to $457+ in after-hours trading after blowing away the street expectations.
Cramer, ever the showman, came out in the show's opening wearing GOOG in black marker on his forehead and on his knuckles.
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