Bjork said Qlik has 20 years of experience in the business intelligence marketplace and is leading the consumerization of enterprise software applications. He said one of the most common data sources Qlik customers plug into belongs to
, another disrupting force in the industry.
No matter what system companies are using to process their data and spot trends, Bjork said they will still need Qlik to help with the "last mile" of presenting data in a way users can understand and making the information accessible to those who need it.
Cramer said the need for business intelligence is in great demand and Qlik is one of the leaders in the space.
Changes at the Top
When a company has a sudden change in management, investors need to be looking for the exit, Cramer reminded viewers. He said that while CEOs and CFOs retire all the time, those who leave suddenly, without a succession plan, must be sold immediately.
Case in point:
, which has seen its shares fall by nearly 50% since announcing an unexpected management shakeup last October. More recently,
announced its CEO was stepping down on the heels of its CFO resigning late last year. Cramer said that news sent shares down 12%.
is the latest company to announce changes at the top, and Cramer said news like this is rarely a sign that good things are happening at a company.
Sometimes bad CEOs get the boot, however, and that's good news. See
for recent examples of stocks rising on the news of a CEO departure.
Then there are great CEOs who step down the right way, with a known succession plan that investors are expecting. That leads to good things, as
and most recently
So whenever a stock in your portfolio announces a change at the top, Cramer said, investors need to figure out which scenario fits and act accordingly.
In the Lightning Round, Cramer was bullish on