Cramer says the coronavirus has created a 'backyard trade' as Wayfair shares rise

Jim Cramer
Scott Mlyn | CNBC

(This story is for CNBC Pro subscribers only.)

Shares of online retailer Wayfair soared on Tuesday after Piper Sandler raised its price target on the stock and CNBC's Jim Cramer said that changing consumer behavior during the pandemic had "rescued" the company.

The stock jumped more than 12% and is now up more than 100% year-to-date.