Jim Cramer Credits Target's New CEO for Upbeat Earnings in Q3

Jim Cramer says Target CEO Brian Cornell under-promised and over-delivered. Target announced an upbeat earnings surprise in its third-quarter results Wednesday after U.S. sales grew faster than expected. Cramer says Canada had been a disaster, losing hundreds of millions of dollars, but Cornell has managed to turn it around. He says the store's online presence is also doing well after the company dropped shipping fees. Cramer says it also helps that Cornell is changing the merchandise rather quickly, reinvigorating aisle after aisle. Cornell still has a lot of work ahead of him but Cramer thinks he can do it.