Shake Shack : The stock soared roughly 19% on Thursday after the burger chain reported a better-than-expected quarter and raised the low end of its full-year revenue guidance. Cramer marveled at how an expensive burger at Shake Shack is selling well, suggesting there's also a market for premium here. Wayfair : Shares fell 3% after CEO Niraj Shah compared the slowdown in home goods to the 2008 financial crisis. "The market is saying look through" the Wayfair situation, Cramer said, adding he has "trouble looking through it." Cramer said Etsy is a frustrating stock because the platform is widely used but the company "has no growth."

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Persons: Jim Cramer's, Jim Cramer, Rene Haas, Cramer, Cramer marveled, there's, Niraj Shah, Wayfair, Williams, Etsy Organizations: CNBC, Club, Arm Holdings Locations: Sonoma