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If Dick Costolo is Done Selling Twitter, Shares Will Climb: Cramer

August 5, 2023
in Trade Tube
Reading Time: 1 min read
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Jim Cramer answers viewers’ questions from the floor of the New York Stock Exchange. This week, Cramer weighs in on Twitter, which he believes is a strong business that the company has had trouble monetizing. Cramer says he thinks Twitter has bottomed and if chief executive Dick Costolo is done selling shares of the company, shares will rise. He also reveals his thoughts on Alibaba, stressing that investors in the Chinese e-commerce giant should swap out of Alibaba and into Yahoo!. He says Yahoo! chief executive Marissa Mayer is going to monetize the Alibaba stake, meaning other positive things for the company. Tweet your questions for Jim every Monday @jimcramer using #CramerQ.

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