In this article

UBER

Follow your favorite stocks CREATE FREE ACCOUNT

CNBC's Jim Cramer on Tuesday told investors that he would buy Uber into weakness, emphasizing that the ride share giant's recent quarter showed commendable growth.

"I think the company's focused on a clear strategy that it's executing quite well," Cramer said.

Uber posted a comfortable revenue beat when it reported Tuesday before open. But shares sank during the day's session, ultimately closing down just over 5%. The stock is currently up 56.95% year-to-date.

Some on Wall Street were disappointed that the company's margins came in a little light, Cramer said, adding that the softness could be a sign of increased competition from DoorDash or Lyft . He suggested the stock's dec

See Full Page