Wayfair came public a little over a year ago and has become one of the most contentious and viciously hated stocks out there. In fact, short interest now represents some three-quarters of the shares that trade on the open market.
But Jim Cramer is not one to just go with the flow and took a closer look at it to see if it could be time for Wayfair's punishment to end.
Wayfair is the online purveyor of furniture and home goods with various brands such as Joss & Main, All Modern, Birch Lane and Dwell Studio. Over the summer it was hit with a vicious report from Citron Research, which prompted the stock to plunge to $33 from $53 in just one month.
The stock is also noted hedge fund manager Whitney Tilson's largest short position, and he thinks it is going to $10 within a year.