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Here's Something to Tweet About: Why Jim Cramer Really Likes Twitter

Twitter's stock surged more than 8 percent after the company released earnings for its first quarter of 2019 on Tuesday. The social media giant posted higher first-quarter earnings and user growth, beating analysts' expectations. CEO Jack Dorsey said the company is making progress in combating bad actors on the platform, adding that Twitter now removes 2.5 times as many tweets that share personal information since the company last month launched better tools to report such violations. According to Dorsey, about 38% of abusive tweets that are taken down each week are being proactively detected by automated systems. Jim Cramer zeroed in on RealMoney's Stock of the Day, explaining why he's in favor of the progress the company has made thus far. "I mean basically what they're saying is look, it's TV ...They will have every home run of major league baseball. It is the place to go to to talk sports. That really helps him [Dorsey]. They cleaned up so many of the bad actors that a lot of the companies really feel like they can advertise the air and no longer be against really bad stuff, so that was a smart move ... I really like the stock," Cramer said. Related. Getting Smaller in Twitter Related. Why I'm Selling a Chunk of Twitter, but Hanging Onto Some Too Watch Jim Cramer's Daily NYSE Show and Replays Below
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