Jim Cramer Put These 13 Stocks Under the Spotlight

9. MNTN, Inc. (NYSE:MNTN)

Number of Hedge Fund Holders: N/A

MNTN, Inc. (NYSE:MNTN) is one of the stocks Jim Cramer put under the spotlight. Cramer commented on the company’s first-ever earnings report, as he said:

“We got the first-ever earnings report from Mountain, the ad tech company that helps small, medium sized businesses take advantage of connected TV advertising. It was a doozy. Mountain came public at $16 in late May, and in less than a month, it’s run to $31 and change [as] of tonight’s close. When Mountain reported after the close, we saw even more reasons to like it, better than expected revenue, better than expected earnings before interest, taxes, depreciation, and amortisation, not to mention the Ryan Reynolds seal of approval. He’s the chief creative officer. At the same time, management gave very strong guidance for the current quarter. Still, stock is trading lower after hours. I think it’s because the quarter included a large gap, bottom-line loss, something that’s really just a result of the IPO process. It should not matter to investors.”

MNTN (NYSE:MNTN) provides a performance TV advertising platform that uses audience targeting, real-time attribution, and advanced analytics to link ad views to consumer actions. The company’s tools include campaign planning, segmentation, creative building, and data reporting for marketers.