Cramer prefers Research in Motion over Garmin

Tonight on "Mad Money," host Jim Cramer discussed his favorite gadget play. He said tech has outperformed the market in Q4 in 14 of the last 15 years.

Cramer said the gadget he would normally say you have to have is Research In Motion's (RIMM) Blackberry, but it has doubled since he first recommended it. Now the momentous decision is to determine if RIMM is still the gadget maker of choice, or if it has run too much. Cramer said if you own it and haven't taken any profits, you need to.

Cramer said the next gadget maker of choice is Garmin Ltd. (GRMN), the GPS maker. Cramer said he thinks the Blackberry is a more useful product, but GRMN sells through 3,000 distributors. Cramer said that RIMM has targeted the business professional. Cramer said the GRMN market is near penetrated, and RIMM is expanding beyond the business customer. RIMM hasn't begun to penetrate the consumer yet.

RIMM trades at 29 times earnings with 22% growth, or 1.3 time growth rate; GRMN trades at 20 times next year's earnings. Cramer thinks that RIMM is the gadget stock to own through the end of the year. He thinks that RIMM has the best software out there. Cramer says NO to GRMN and says RIMM is a winner even though it is up huge.