Jim Cramer recommended buying Cloudflare (NET) on May 14, 2026. He cited a market overreaction to recent company news.
Cramer stated the market misinterpreted the last quarterly report as weak. He characterized the subsequent layoff announcement as a move to increase efficiency.
The recommendation follows a stock decline after Cloudflare’s early May earnings report and layoff announcement. Cramer identified a price support level and a buying opportunity.