When CNBC’s Jim Cramer made a bold prediction about Strategy Incorporated (MSTR) back in 2020, many investors were skeptical. But now, over a year later, it seems that Cramer’s words were spot on. MSTR has seen a significant increase in its stock price, proving that Cramer’s insights are still valuable for retail investors.
So what exactly did Cramer say about MSTR? He predicted that the company’s focus on business intelligence and analytics software would pay off in the long run. And he was right. MSTR has seen a steady growth in demand for its products, with more companies turning to data-driven solutions for their business needs. This has resulted in a 50% increase in MSTR’s stock price since Cramer’s prediction.
But it’s not just the stock price that has caught investors’ attention. MSTR has also been consistently beating earnings expectations, which is a sign of a strong and growing company. In the last quarter alone, MSTR reported a 12% increase in revenue and a 17% jump in earnings per share. These numbers are impressive, especially considering the economic challenges brought on by the pandemic.
So what does this mean for retail investors? Well, it’s clear that Cramer’s insights can still be valuable in today’s market. And with MSTR continuing to perform well, it could be a smart investment opportunity for those looking to add tech stocks to their portfolio. With a strong focus on data and analytics, MSTR is well-positioned to continue its success in the future.
In conclusion, Cramer’s prediction about MSTR has proven to be right on the money. The company’s focus on data-driven solutions has resulted in a significant increase in its stock price and consistent beating of earnings expectations. For retail investors, this serves as a reminder to pay attention to experts like Cramer and to consider investing in companies with strong fundamentals and potential for growth. MSTR may just be one of those stocks to keep an eye on.