Jim Cramer's Stop Trading: Microsoft Is a 'Completely Up' Stock

NEW YORK (TheStreet) -- Shares of Microsoft (MSFT) are lower on Monday, headed into Tuesday's earnings report. 

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. 

Shares of Microsoft jumped higher following an announcement that it will slash 18,000 employees, as well as on Intel's (INTC) positive earnings results.

What Would a Tesla-BMW Deal Look Like?

Here's How You Invest in Your Ice Cream and Eat It, Too

Big Profits Coming to Investors in Big Bakken Infrastructure

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.

More from Opinion

Why Google's Search Momentum Won't Be Badly Hurt by New EU Rules

Why Google's Search Momentum Won't Be Badly Hurt by New EU Rules

Flashback Friday: Amazon, Chip Stocks, Memorial Day

Flashback Friday: Amazon, Chip Stocks, Memorial Day

Time to Talk Tesla: What Happened This Week, Elon?

Time to Talk Tesla: What Happened This Week, Elon?

Apple Needs to Figure Out Its Self-Driving Vehicle Strategy

Apple Needs to Figure Out Its Self-Driving Vehicle Strategy

Throwback Thursday: Tesla, Chip Stocks, TheStreet's Picks

Throwback Thursday: Tesla, Chip Stocks, TheStreet's Picks