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Stockchase Opinions

Jim Cramer - Mad MoneyRingCentralRNGDON'T BUYJan 07, 2022

Is down 14% in the last month, because it isn't making money. He liked this before, but not now. Sometimes you have to pivot.
$172.35

Stock price when the opinion was issued

$38.64

As of Jun 12, 2026. Market Open.

Telecommunications
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HOLD
The competition has gotten steep in this business, when RNG used to have none. It's under a lot of pressure as investors abandon it. Hang onto it, though, and he doesn't think it'll necessarily bottom here.
DON'T BUY
Looking over the last couple years, it has been a great stock. They have benefitted from VoIP and people staying at home. They prefer a French Company called Teleperformance, which has grown their business with outsourced call centres using AI.
COMMENT

These stocks are out of fashion now, like this, a cloud-based communications company with a video component that competes with Zoom. Last Tuesday, they reported a magnificent quarter with top and bottom line beats, but shares got crushed by nearly 20%. It's rolled back nearly all its gains it made during the pandemic. The subscription guidance was confusing and they're in a legal battle with Zoom Video.

BUY

They make call-center software and their videoconference platform competes with Zoom and it does well. The company is growing. They report next week.

COMMENT

A cloud-based communication firms with a video offering. It's a peer of Zoom Video. If they rally before they report next week then it will tell you a lot about the market's current attitude towards growth stocks.