Jim Cramer says he doesn't understand why IAC is trading at current levels after reporting an amazing quarter.
The media and internet conglomerate on May 8 released its financial report for the period ending March 31, which delivered earnings per share of $1.06. The company reported 86 cents EPS the year prior.host said. "I think that company is so inexpensive. I frankly don't even understand it. I say it's a buy, buy, buy."
The stock closed the session down 1.21%. It's up more than 28% this year and nearly 61% in the past 12 months.A truck moves a shipping container at Qingdao Port on January 14, 2019 in Qingdao, Shandong Province of China."Next week, once again, is all about trade and retail," he said. "This is the week when most retailers report, so we will be listening closely to what they say about the trade war."Jen-Hsun Huang, chief executive officer of Nvidia Corp.
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