Jim Cramer on Snap Inc. (SNAP): “There’s Nothing There”

Snap Inc. (NYSE:SNAP) was among Jim Cramer’s stock calls, as he discussed the rising market speculation. When a caller inquired about the stock, Cramer was quick to say:

No, there’s nothing there. Let’s just, like, you know, I’ve been fighting this SNAP now for I don’t know how many years, saying don’t invest in it, and so far, I’m looking pretty good, frankly.

Snap Inc. (NYSE:SNAP) is a technology company that provides the visual messaging application Snapchat and augmented reality glasses. The company also offers a subscription service for exclusive features and a suite of advertising products. On April 1, a caller asked about the stock, and Cramer replied:

Now, it does have an activist investor; maybe they can get them to do something or even sell themselves. But you know, five bucks maybe, I don’t know, what, a couple bucks up, one down, not a bad ratio. But nothing I’m interested in.

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