Explicit Valuation Call on Google

about 1 month ago

Jim Cramer

"I recommended Google at 88. And I was investigated by the CNBC general counsel for why I used 88. It's so big. And I said, because I didn't use 300. 300 was way low."

Jim Cramer explicitly mentions his recommendation to buy Google at a valuation level of 88, implying that the prevailing market valuation was too high if one were to price it at 300. This statement serves as a direct trade call by highlighting a specific entry point, with the rationale being that the lower target represents a more rational valuation for a stock of Google's magnitude.

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