Jim Cramer Blog

There is a short squeeze coming with Google. After their mediocre earnings, a tremendous amount of people went to the opposite side of this stock. They figured that if a stock trading at the lofty prices of Google couldn't meet or beat expectations, there is no way that it can sustain its current levels. But, I think this selling pressure is beginning to slow. Look at today, the Nasdaq is now trading down close to 25 points and Google is only down a little over $1. As soon as we see a powerful day for technology, we could see an explosion in Google's stock price because of a short squeeze. Almost every analyst that was bullish on this stock remains that way. Recently, Cramer decided to give the word to buy at $350. It could be the time to buy some Google stock.