Jim Cramer on Cloudflare: "The Stock Should Be Bought Even Up Here"

Cloudflare, Inc. (NYSE:NET) is one of the stocks Jim Cramer weighed in on. A caller inquired about the company, and Cramer replied:

“Yeah, I thought it was brilliant. I thought Matthew Prince was brilliant. I think NET’s great. I’ve been behind this for, since probably for about 120 points. I think Matthew’s about as good as it gets, and the stock should be bought even up here.”

Cloudflare (NYSE:NET) provides cloud-based security, performance, and networking services designed to protect and optimize websites, applications, and IT infrastructure. Its solutions include Zero Trust security, DDoS protection, content delivery, and developer tools to support businesses. Cramer also discussed the company during a March episode of Squawk on the Street, as he commented:

“You wanna talk Cloudflare? A Sell to a Buy at Bank of America? It goes from price target 60 to 160? I have Mathew Prince on regularly, okay. Mathew Prince has done more cybersecurity and internet and also he does the. . he protects voting. . .but he has a very solid internet secure plan. And why anyone would say sell that company? It is extraordinarily wrong. But I like the fact that at least he owned up.”

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Disclosure: None. This article is originally published at Insider Monkey.