Cramer Quick Take: Google Got Its Act Together

NEW YORK (TheStreet) -- There's a lot to like in the latest Google (GOOG) results, Jim Cramer told Debra Borchardt at TheStreet Wednesday. Cramer said after disappointing results last year, the search giant now seems to have its act together.

Cramer said just about everything in the Google results this time around was good, including keeping costs in line and laying out a clear mobile strategy for investors. He said Google's stock is not expensive and the company continues to have a lot of cash and growth to fuel its future.

Is it even possible to turn a company around in just one quarter? Cramer said it is. He noted Facebook (FB) , among others, were able to pull of just such a feat.

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-- Written by Scott Rutt in Washington.

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