Cramer Says Investors Can Buy Stock of This Software Company as a Speculative Pick

CNBC's Jim Cramer on Monday said that investors have his permission to buy shares of software company Mitek Systems as a speculative play.

"Mitek's genuinely cheap on an earnings basis, which is why it's … one I'm willing to bless for speculation in what is otherwise an extremely hostile environment," the"Mad Money" host said. CNBC's Jim Cramer on Monday said that investors have his permission to buy shares of software company"Mitek's genuinely cheap on an earnings basis, which is why it's … one I'm willing to bless for speculation in what is otherwise an extremely hostile environment,"Stay informed during the severe weather season with our local news and weather app.

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