Chinese trade negotiators suddenly canceled a visit to meet U.S. farmers after they wrapped up trade talks in Washington this week.Marketsread more
Blackstone Executive Vice Chairman Tony James says he's less optimistic now than before that the U.S.-China trade war could be resolved, but even a smaller deal could help...World Economyread more
The Pentagon will deploy U.S. forces to the Middle East on the heels of the attack on Saudi Arabian oil facilities, United States Secretary of Defense Mark Esper announced...Defenseread more
President Trump also said he is "not looking for a partial deal" with Beijing, moving away from his suggestion last week that he would consider an "interim deal."Politicsread more
Progress on trade talks will determine how far market will move above new highs.Trader Talk with Bob Pisaniread more
"Sure, the trade war's taking its toll on business ... it's just not taking its toll where it was supposed to," Jim Cramer says.Mad Money with Jim Cramerread more
Joe Biden called on President Donald Trump Friday to release the transcript of a call with a foreign leader that is the subject of a whistleblower complaint. Biden described...Politicsread more
For investors taking a breather from the chaos in August, buckle up as the market is about go crazy again, Goldman Sachs warned.Marketsread more
Palantir Technologies is targeting a valuation of at least $26 billion in a private fundraising round, the first for the Peter Thiel-backed data analytics startup in four...Wall Streetread more
Michael Pack, a conservative filmmaker linked to Steve Bannon, saw at least $1.6 million in donations from his nonprofit sent into the coffers of his independent production...Politicsread more
The New England Patriots released Antonio Brown just 11 days after signing the wide receiver. The NFL Super Bowl champion team initially had kept him in the face of a rape...Sportsread more
If you've held Zillow for a long time, chances are you're pretty happy. Year to date the stock has gained more than 200%.
However, in early August, the bullish thesis was called into question when shares fell from $90 to $83 in a single session," Cramer said.
Then in September, questioned its business model and noted that senior executives have been selling the stock.
In a nutshell, Citron said the company had not made a "meaningful profit" in the seven years of its existence and they didn't see that changing any time soon.
It seemed as if the bears were on the brink of taking down this high flier. However, the bulls may have fight left, yet.
Recent earnings showed revenues were up 68.7% year over year," Cramer said. "In fact, subscription revenues and ad revenues are growing like crazy."
"Also, billionaire investor James Packer has been betting heavily on Zillow, to the point where his fund now owns 9.4% of the company," Cramer added.
Those two metrics, Cramer said, are meaningful.
Cramer doesn't think bears really understand Zillow. That is, they view Zillow as a housing play and frame the story "as the ultimate fad connected to a rapidly fading business," he said.
That thesis could be catastrophic if Zillow bulls are really growth hounds, as Cramer suspects they may be.
If that's the case, then bulls regard Zillow in the same light as Yelp and LinkedIn, because "they have subscription revenues and ad revenues that are growing like crazy."
Read More from Mad Money with Jim Cramer
Biggest Blockbuster drug in ages?
Growth 'as far as the eye can see': Cramer
Homework stock gains 300% since May
Therefore, even if housing stumbles if Zillow can continue to show growth, there should be every reason for the stock to rally.
"I know the company's being valued at $3.7 billion" Cramer said. But in this market growth commands a premium, often times a sky-high premium.
Call Cramer: 1-800-743-CNBC
Questions for Cramer? email@example.com
Questions, comments, suggestions for the "Mad Money" website? firstname.lastname@example.org