Cramer Pick GSI Commerce Ticks Up on Earnings
GSI Commerce (GSIC-NASDAQ) posted $0.50 EPS and revenues at $257.2 million, versus $0.43 and $243M estimates. The stock is up 2% after the report, and traders should remember that Jim Cramer touted this one as his stealth ecommerce play for…
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GSI Commerce (GSIC-NASDAQ) posted $0.50 EPS and revenues at $257.2 million, versus $0.43 and $243M estimates. The stock is up 2% after the report, and traders should remember that Jim Cramer touted this one as his stealth ecommerce play for Christmas back in December. The stock had popped to $18.80 in after-hours trading at the time, and shares closed up 1.95% on the day at $17.74. Since Cramer’s tout it has been in a $16.00 to $19.00 range.
Jon C. Ogg
February 13, 2007
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