CNBC's Jim Cramer says Citrix is a "terribly-run company"

Jim Cramer, host of CNBC's Mad Money program, slammed Citrix in a recent conversation in which he and Vishesh Kumar were discussing the VMware IPO."Citrix is a terribly-run company that has continually missed estimates and not done anything good for shareholders.

Jim Cramer, host of CNBC's Mad Money program, slammed Citrix in a recent conversation in which he and Vishesh Kumar were discussing the VMware IPO.

"Citrix is a terribly-run company that has continually missed estimates and not done anything good for shareholders. Why would I ever think that they could be a powerful opponent to VMware? ... They've not been able to deliver on any growth promise."

It's important to note that these comments were made in the context of Citrix's earnings and stock price. These guys are not technologists. Then again, I'm not a stock guy, but if you compare CTX's return to the NASDAQ over the past few years, it looks like Citrix is about the same? (Or maybe that's the problem?)

Either way, I don't think this Cramer comment amounts to much. I just think it's cool that Citrix was mentioned!

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"I love these guys! They beat the treason charges! We had it as a 'Don’t buy.' Let’s bump it up to a 'Risky!'"


Is this the start of "humor Monday?" Probably not, but I'm not going to pass up a good Arrested Development quote.



In a former life (before my life in IT), I was a trader for a very large Wall Street firm.  I can tell you that this guy is simply a fraud and a goof.  He runs his own charitable trust and then considers himself a stock picker.  Well to use the old adage....a blind squirrel finds a nut every once in a while.  This guy is the same thing.  It's amazing how fast he turned on Citrix as well.  He has owned the stock for quite some time and was a very big advocate for the stock.  He is what we used to call on "the Street", "a sheep".  He simply follows the crowd.  If any of you out there do play the market, just keep doing your research and follow the advice of one of the richest men in the world (Warren Buffet), "buy what you know" (VMware, EMC, NetApp, among others that are publicly traded) and don't pay any attention to this bozo, Jim Cramer

Just my two cents.

It is a shame that Arrested Development was canceled, and yet Mad Money is still on the air

Totally agree with your comments on Cramer.  How has Citrix not delivered from a stock standpoint?  I believe it has split 4 times (possibly three) and is nearing its all time high when you factor in the splits.

From a stock standpoint, VMware is hype today and is doing quite well.  VMware is also able to do some very unorthodox things (from a business standpoint) since it is still 88% owned by EMC.  Think what Citrix could do if it was 88% owned by Microsoft or some other huge player like IBM or HP?!?!  :)

What will be interesting to see is where VMware is a year from now once it has had to report on numbers for a series of quarters.  To this point, they have not had to report on anything and for the most part, everything is speculation.  Ex.  "You continuously talk about VDI, can you please break down your financial numbers to show the growth in VDI vs. straight alone ESX for server virtualization and consolidation?".  Citrix has to do this every quarter to show growth in other areas besides just the bread and butter of Presentation Server.


I agree that Jim is a bit over the top and maybe half of his predictions do pan out but as a rule of thumb I tend not to trust stock advice on TV. (It's like tabloids for traders) Citrix has had a great run this year if you got in around January and even better if you caught the bottom in 2004 or 2002. If you look long term the stock has completely outperformed the NASDAQ. I guess the big question is will their acquisitions bring more value to the stock than there is today? That is something that will have to be seen but it is evident that Citrix is looking at ways to grow the company into new technologies. Maybe what Jim has concerns about is the fundementals of the company and considers the stock over valued. I haven't looked at Citrix close enough to tell but then again the last thing I want is people following my stock advice. :P


Crazy Cramer is right, for once...

If you scratch the surface of Templeton's kingdom, you'll find McKinsey Consulting, and where you find McKinsey, you find a sell-out strategy that runs a company into the ground (think CalEnergy, Pagenet, Peoplesoft, TAG... the list is long people).  Templeton is going to part out the product lines when the five year agreement with Microsoft is up in 2009.

 What a waste. 

But all the product lines are actually starting to come together.  I could understand that thought a few years ago, when it seemed like there was a vague direction, but now things seem to be gelling a bit.  XenSource sort of kicked up the muck again, but even that's starting to settle out.
He must have some inside information because he descrribed in detail what actually does go on there!
Another link to this video, it seems to be gone?
. Proof is in the stock price .