Jim Cramer on Zebra Technologies & Motorola Solutions Deal
<I>TheStreet's</I> Jim Cramer thinks Zebra paid a 'song' compared to what Motorola paid for the barcode division in 2006, and the deal cements Zebra's hold on the mobile barcodes business.
TheStreet's Jim Cramer is surprised Zebra Technologies' stock isn't doing better on news of its deal to buy Motorola Solutions' barcodes division. Zebra paid a "song" compared to what Motorola paid for the division in 2006, says Cramer, and the deal cements Zebra's hold on the mobile barcodes business. Cramer thinks there is a strong opportunity for Zebra even though the stock was up "way too much" in premarket trading, and when the smoke clears, the stock will be bought, not sold.
