NEW YORK (TheStreet) -- TheStreet's Jim Cramer finds that Twitter (TWTR) had a strong quarter seasonally, which is not good because the quarter was not that strong overall, and needs events such as the Oscars and the Super Bowl to thrive.
This disturbs him because the social media company pointed out that it does not have many such events coming in the second quarter, which could be weak. Cramer says the lackluster first quarter means the stock must go lower, possibly to $30, and notes the conference call was not good.
eBay (EBAY) is facing increased competition and the domestic volume core business was quite poor. Price cuts are also at play, particularly for StubHub. As a result, Cramer thinks the stock probably drops to $48 or $49.
Finally, Cramer is pleased that General Electric (GE) is transitioning to more of an industrial company than a finance company. He calls the acquisition of clean energy company Alstom "perfect." The U.S. Supreme Court said Tuesday it wants to make it so that there are no more coal plants, which Cramer says is good for Alstom.
Furthermore, Cramer thinks GE CEO Jeffrey Immelt will be a hero because of this deal and tells investors not to worry about the fact that he cannot fire a lot of people because this is a worldwide company with only some of it in France.