Jim Cramer: Cloudflare's Long-Term Direction Is Fabulous

Jim Cramer commented on Cloudflare, noting the stock's erratic movement after a beat-and-raise quarter was followed by layoffs of roughly 20% of the workforce. The stock sold off over 27% in a three-day losing streak, then recovered to fresh all-time highs before dropping nearly 15%. Cramer advised ignoring the volatility and focusing on the longer-term direction.