NEW YORK (TheStreet) -- Shares of Electronic Arts (EA - Get Report) were rebounding on Wednesday morning after the stock fell in after-hours trading yesterday following its 2017 fiscal second quarter results.
"The Electronic Arts call was incredible. That stock was just crushed in after-hours. And then you listen to the call and you say well who are those morons selling it," TheStreet's Jim Cramer said on CNBC's "Squawk on the Street" this morning."
"The call was extraordinary how good it was," Cramer added, saying that the video game developer reported "great numbers" last night.
He also noted that people love playing video games "at this moment."
Cramer mentioned that he believes video game companies Take-Two Interactive Software (TTWO) and Activision Blizzard (ATVI) will have "very good" results.
Take-Two results are due out after today's market close, while Activision will report after tomorrow's closing bell.
Cramer also added that Yelp (YELP) had "good numbers" and was "terrific."
"Those are some new economy companies. Those were all very good. Square had some very good things to say. Yelp by the way (has had a) radical transformation," Cramer commented.
Separately, TheStreet Ratings Team has a "Buy" rating with a score of A on EA stock.
The company's strengths can be seen in multiple areas, such as its solid stock price performance, growth in earnings per share, revenue growth, largely solid financial position with reasonable debt levels by most measures and notable return on equity.
The team believes its strengths outweigh the fact that the company has had sub par growth in net income.
Recently, TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this articles's author.
You can view the full analysis from the report here: EA