Cramer said Tibco is in a tough business and commended Ranadive for coming on the program and taking the blame. He fell short of recommending Tibco but told investors that it is entirely possible to miss big then come on strong thereafter.
As large tech groups and private sponsors shop for software companies, outfits with enterprise clients and cloud services have come into focus.
Using traditional analysis, investors might think Netflix is ridiculously expensive compared to where shares traded just a few months or years ago. They'd be wrong, Cramer says.
Tibco Software (TIBX) was upgraded to 'equalweight' at Barclays, but downgraded to 'sector perform' at RBC Capital this morning.
Here's a look at how to trade some of the most active stocks on the market today.
Lighten up on your holdings the next time the market soars so you can buy them back at lower prices during the next inevitable selloff, Cramer advises.