On CNBC's "Cramer's Stop Trading" segment, TheStreet's Jim Cramer, co-manager of the Action Alerts PLUS portfolio, called Microsoft a "completely up stock," as it has continued to move higher and higher in recent trading.
Cramer added that investors will get a better idea of how the job cuts will translate into earnings per share.
"I just think this is going higher," he concluded.
-- Written by Bret Kenwell in Petoskey, Mich.
At the time of publication, Cramer's Action Alerts PLUS had no position in companies mentioned.