Jim Cramer -- Williams-Sonoma Is a Buy

Jim Cramer is a buyer of Williams-Sonoma, which is selling off despite good earnings results.

Author:: Bret Kenwell
Publish date:: May 26, 2016 11:03 AM EDT

Shares of Williams-Sonoma (WSM) - Get Report initially opened higher Thursday but have since turned lower, trading down nearly 1% despite the company beating on earnings per share and revenue expectations.

"This is a mistake that the stock is going down," TheStreet's Jim Cramer, co-manager of the Action Alerts PLUS portfolio, said on CNBC's "Stop Trading" segment. "I think it's a buy."

"They finally got it together," Cramer said of the company now after what he said Wednesday. Williams-Sonoma CEO Laura Alber is "fantastic" and is not going to tolerate the previous underperformance from some of its divisions, such as Pottery Barn, he added.

Williams-Sonoma has a fabulously well-run e-commerce division, with even Alphabet (GOOGL) - Get Report noting that the company is one the best when it comes to handling user data.

Although the chart doesn't look that bullish, this is "one stock that you should be buying," Cramer concluded.