Here's What Jim Cramer Thinks About Pokemon Go

Jim Cramer says there's nothing wrong with taking profits on Nintendo's stock after shares surged on popularity of the company's new Pokemon Go smartphone game.
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TheStreet's Action Alerts PLUS Portfolio Manager Jim Cramer says there's nothing wrong with taking profits on Nintendo's stock after shares surged on popularity of the company's new Pokemon Go smartphone game. '[Taking profits] would be a probably smart thing to do,' Cramer said. Nintendo's market cap rose by $9 billion over a few trading sessions, according to The Wall Street Journal. Cramer also pointed to the risk that user excitement surrounding the game may start to fade.