Tonight on Jim Cramer's MAD MONEY, the mad money man was extremely bullish. He listed off his favorite industries; tech, casual dining, retail; and said "it can't get much stronger." He said right now investors should buy the obvious, not the obscure.
Motorola, Inc. (NYSE:MOT); Oracle Corporation (NASDAQ:ORCL); Microsoft Corporation (NASDAQ:MSFT); Adobe Systems Incorporated (NASDAQ:ADBE); Google Inc. (NASDAQ:GOOG); Cisco Systems, Inc. (NASDAQ:CSCO); QUALCOMM, Inc. (NASDAQ:QCOM); Apple Computer, Inc. (NASDAQ:AAPL) were all on his list under "O" for "Obvious." Techs have outperformed the S&P time after time in the late fall.
He also said Apple's machines are much better than Microsoft's; Cisco is having its first bull market in years; Adobe has a great product; and Motorola has best organic growth of cell phone companies. Google is great and "Oracle is Orca." Whatever that means.
Cramer also said Advanced Micro Devices, Inc. (NYSE:AMD) is going to have a great quarter.
Last updated: May 16, 2012: 07:23 PM
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Reader Comments (Page 1 of 1)
10-12-2006 @ 10:59PM
John Muforza said...
For all you morons that like to hang unto every decree Lord Cramer passes, he was selling all
semiconductors except AMD days before the revelation
to buy them back hit him.It must be time to dress up
as a TECH moron for halloween. Don`t forget to leave
your sell tags on.
10-13-2006 @ 2:35AM
Gary E. Sattler said...
First the high point:
Why would Cramer think Oracle is a killer whale?
Oh, I get it. It's a play on words. Ummmmm ha ha.
So Lord Cramer throws this basket full of tech names at us. Oh goody what do we do, just pick a couple? He says they're all obvious buys... for what? What percentage of my portfolio to I put in? When do I do it and for how long? What can I expect might happen?
Give up something to hang a hat on Cramer.
Pretty soon your tele-ratings should disclose how obtuse you are. Here, I'll give you a "Cramerism" just in case you missed your fix today:
Yep, these are all good companies, and really exciting stuff. You should buy a couple sometime. But only put in half your money... just in case I'm wrong. Oh and I bought shares in all of them today because I know you'll bump their value a couple percent after this broadcast. Then I'll get out.
My line item comparisons with Cramer for today.
Apple and Microsoft are DIFFERENT machines. I won't even try to imply who's better.
Cisco? eh, A LOT of companies are having their first bull market in years.
"Adobe has a great product."
I didn't know Motorola was into farming. What are they growing organically? They do have some of the nicest phones though. I'd wait for them to do something really special before I'd get too excited. They're definatly good for the long haul.
Google is like my baby. I'll give them anything they want. They had better show me they're going to take some increased responsibility for what goes on with the internet before the government comes in and F's it all up.
This last one I'll leave to Cramer:
Oracle is a big fish...
huh?
Blessings to ALL
Gary E. Sattler
10-13-2006 @ 4:03AM
RJ said...
why do you criticize Cramer publicly when he hosts a show for "dummies of the stock market". He is giving information that he has found, and for all practical purposes, you two seem to know more than him(or think so about companies he thinks will be bullish this quarter), so why dont you stop watching his show and TRY to be as wealthy as he is. I cant even ridicule the comments you have made, however, I dont plan on seeing your names in that million dollar range that Cramer sits in anyway.
10-13-2006 @ 9:02AM
Michael Schneider said...
Jim Cramer always likes tech it seems. He was calling for a "Cramer tech rally" last fall and again in the spring. The rally didn't materialize but maybe the time for tech is just around the corner. He may be a little early as the market still could pull back a bit before a further move higher. On his Mad Money show Lightning Round Cramer has recommended more tech stocks than any other sector.
www.Barrelomoney.com has a free list of 114 tech stocks that Jim Cramer has given Bull Signs to since the show started.
10-13-2006 @ 11:51AM
John Muforza said...
Jim Cramer is such a stock market genius to the point
of being the market, seemingly, some days. Knowing that and taking the other side, is not criticing him.
His show is brilliant and is a gift to all investors
but following him blindly is moronic and a disservice
to him and the show. If we are not skeptical of Jim
and the market today, there won`t be a market tomorrow. Tell Jim I said BOOOYAH!!!!!