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Jim Cramer: Twitter Jumps 8%, Analysts Retract Past Twitter Hatred


TheStreet's Jim Cramer asks how a stock like Twitter can go up 8%. Cramer previously said that Twitter could be either up or down 8% based on monthly user numbers. Cramer says that people are now looking to unregistered users, which are now in the hundereds of millions. Anthony Noto, Twitter’s CFO, intends to make Twitter the biggest brand on the internet. People are calling this the 'Noto Factor' and Cramer says it's helping push Twitter higher. Cramer says that if Twitter does come down, he will recommend a buy but he won't flip-flop like the analysts who say they love it at $47 when earlier they had said they hated it.