Forget That Run, This Stock Is Still A Buy
As faithful "Mad Money" viewers know, Cramer doesn't care about where a stock has been. He cares about where it's going.
Cramer recognized it can still be hard to buy a stock after a huge run, though. Investors may be quick to think they missed out on any hope for future gains, Cramer said some of the best opportunities come from stocks that have already made big moves higher.
Take JDS Uniphase , for example. The Milpitas, Calif.-based technology company saw shares rally 217 percent since Cramer first got behind it on Nov. 11, 2009 at $7.20. Still, Cramer thinks this stock has a lot of upside potential. After all, it makes the motion recognition technology that goes into Microsoft's Kinect gaming system. Its core business, fiber optics, is benefitting from a recent explosion in traffic.
On Thursday, JDS Uniphase beat on earnings and the stock has only continued to climb. To explain why JDSU is a buy, even at these levels, Cramer went "Off the Charts." Watch the video to see his full report.
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