One stock that got Jim Cramer's attention on Thursday was Wayfair. And while the online retailer of home goods has been a wild performer since it came public in October, it skyrocketed almost 8 percent in one session on Thursday and is up 89 percent for the year.
Wayfair sells more than 7 million products across its five brands: Wayfair.com, Joss & Main, All Modern, Dwell Studio and Birch Lane. One of the keys to its success has come from the work it has put into studying consumer behavior online and creating an easy-to-use website that lets people find exactly what they want.
The company initially came public at $29 a share and shot up to $37 on its first day of trading. The stock then sold off over the next couple of months. This year it has been steadily working its way higher; the stock was on fire Thursday after its CEO said the company is likely to have revenues approach $2 billion this year.
This is huge considering that analyst consensus was $1.87 billion, even more so when you consider that the whole thing started in co-founder Steve Conine's nursery.
Can the stock keep climbing higher? To find out, Cramer spoke with Wayfair co-founder and CEO, Niraj Shah.