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It’s All About 2016 for Social Media Giant Twitter: Cramer

July 18, 2023
in Trade Tube
Reading Time: 1 min read
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Jim Cramer answers viewers’ Twitter questions from the floor of the New York Stock Exchange. Amid protests about employee compensation happening at fast food locations like McDonald’s (MCD), Cramer answers a viewer asking why McDonald’s stock keeps going up despite the company’s problems. That comes down to the company’s leadership, Cramer says. He reveals that he’s spoken to franchisees who are energized about chief executive Steve Easterbrook and his ability to turn the company around, which is why the stock can continue to climb. In answer to a viewer looking for insight on whether Twitter (TWTR) is worth holding through earnings, Cramer stresses that Twitter is not an earnings story, instead it is all about 2016.

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