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Video: Jim Cramer Reacts to Costco, Adobe and Oracle's Results

TheStreet's founder and Action Alerts PLUS Portfolio Manager Jim Cramer weighs in on the latest quarterly earnings from Costco, Adobe and Oracle.
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TheStreet's founder and Action Alerts PLUS Portfolio Manager Jim Cramer was pleased with quarterly results from Costco (COST) - Get Costco Wholesale Corporation Report and Adobe (ADBE) - Get Adobe Inc. Report .

'Costco is just to the moon," Cramer said. "10% comparable store sales - that is the equivalent of a boom."

Cramer also thought the declines in Oracle (ORCL) - Get Oracle Corporation Report shares on Friday were overblown - some investors were worried about the company's latest cloud revenue. 

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