Jim Cramer on Morgan Stanley's Tesla Call and Home Depot's Results

February 25, 2014

TheStreet's Action Alerts PLUS co-portfolio manager Jim Cramer says Morgan Stanley's $320 price target on Tesla is 'too bullish.' But, Cramer says if Morgan Stanley is right and Tesla's technology is as good as they think it is, then Tesla shares can most likely defeat those who are short the stock and shares can move higher. Separately, Cramer says Home Depot shares, which have taken a hit since the beginning of 2014, are poised to move higher because the home improvement retailer announced a share buyback and a dividend boost.