Jim Cramer answers your Twitter questions about FireEye (FEYE) and other stocks from the floor of the New York Stock Exchange. In terms of whether to buy FireEye (FEYE) based on the breach of taxpayers’ data from the IRS, Jim said the company’s CEO told a compelling story last week on his CNBC show Mad Money. The company did a convertible offering on Tuesday, with some of the proceeds to buy back stock. Jim notes while FireEye and other companies don’t make money right now, in the end cybersecurity is a long term threat and you should hold long term positions. Jim commented on the Shopify (SHOP) IPO, and said he likes its affiliation with Tesla (TSLA). He’s not sure if it will have the same success as Shake Shack (SHAK), and thinks there will be some sellers in Shopify.
-- Get Cramer's top stocks with
Action Alerts PLUS
Trade with him FREE for 14-days.