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CNBC's Jim Cramer on Friday reviewed the performance of GigaCloud Technology , a company that offers business-to-business ecommerce systems for large parcel merchandise, like furniture. GigaCloud's stock has soared since it became public in 2022, putting up some great earnings reports, according to Cramer. But last fall, a report from short-seller firm Culper Research called some of the company's business methods into question. Culper also claimed an investigator it sent to some of the company's U.S. warehouses observed "laughably sparse activity" there. "If you take everything about the story at face value, then buying GigaCloud would be a no-brainer," he said.
Persons: CNBC's Jim Cramer, GigaCloud, Cramer, Culper Organizations: GigaCloud Technology, Research Locations: Asia, U.S
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