On Wednesday, a congressional meeting was held over the escalating problem of Internet censorship. Cramer said Google’s stock has been going up because investors feel a resolution is within reach between GOOG and the Chinese government over a recent hacker attack and censorship in general.
The Mad Money host told viewers that once a resolution is announced, the stock will go up another 38 points.
Cramer also talked about specialty retailer J. Crew Group as a buying opportunity for investors. JCG remains “the great American realtor,” he said, because it knows that consumers won't pay thousands of dollars for a suit when they can buy one for 300 bucks.
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