TheStreet.com's Jim Cramer says we now can buy more than just Apple, Research In Motion and Google.

What do you do when you know things are slowing? When you know there is a back-up in Nokia (NASDAQ: NOK) (Cramer's Take) handsets? When you know from Nvidia (NASDAQ: NVDA) (Cramer's Take) that notebooks are slowing? When you know that Intel's (NASDAQ: INTC) (Cramer's Take) not going to blow out the quarter? When EMC (NASDAQ: EMC) (Cramer's Take) is no longer on the Goldman focus list for slowing growth?

I wonder if, as nutty as it sounds, you buy.

Of course, one could argue that the best one to buy -- and I will argue it -- is Apple (NASDAQ: AAPL) (Cramer's Take). There is no slowdown at Apple. There is only an acceleration, as Macs are doing much better than we thought and the rest of the business is great.

The issue there, though, is that despite the share price decline, is that business acceleration enough to propel the stock forward? I said Monday that it was. I am sticking by that.

But the others seem to be more than fully discounting both a recession and a radical cut in numbers. Hewlett-Packard (NYSE: HPQ) (Cramer's Take) may be experiencing some slowing in notebooks but it has come down so viciously that it has become cheap again. EMC gets downgraded by Goldman now, after falling 10 straight points? Nokia's problems could be related to Motorola (NYSE: MOT) (Cramer's Take) blowing out all of its inventory. I would buy that one, too. And I think that you can make a solid case for Intel, if only because AMD (NYSE: AMD) (Cramer's Take) is no longer a factor, which you couldn't say when Intel was at $22 last time.

What's you risk? How about J.C. Penney (NYSE: JCP) (Cramer's Take), Ralph Lauren (NYSE: RL) (Cramer's Take), Kohl's (NYSE: KSS) (Cramer's Take), Lowe's (NYSE: LOW) (Cramer's Take) and Sears (NASDAQ: SHLD) (Cramer's Take)? Those stocks simply have not found bottom as estimate cut piles on estimate cut.

But those are domestic companies.

We have not seen massive estimate cuts on tech. We have only seen massive price declines. Some of these price declines are simply unbelievable.

I say it is time to buy them. Time to get more bullish on tech. Time to buy more than just Apple and Research In Motion (NASDAQ: RIMM) (Cramer's Take) and Google (NASDAQ: GOOG) (Cramer's Take), even as the last three are a handful.

Just too overdone.

Jim Cramer is a director and co-founder of TheStreet.com. He contributes daily market commentary for TheStreet.com's sites and serves as an adviser to the company's CEO. At the time of publication, Cramer was long Goldman Sachs, EMC, Hewlett-Packard and Sears Holdings.

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