Opinions
Jim Cramer - Mad Money
8x8, Inc.
EGHT-N
DON'T BUY
Sep 25, 2020
The rare cloud stocks that lags the market. A disappointing performer that peaked at $26 14 months ago and has had wild swings since. It's down 16.5% YTD when cloud peers are way up. They reported their last quarter that did not impress enough. Rule of 40: revenue growth + EBITDA margin. Buy if the total is more than 40, don't if it doesn't. Slow growth and unprofitable.
$15.280
Stock price when the opinion was issued
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