Stop Trading!: Buy the Tech Rally
Web Editor, "Mad Money"
There's a tech rally going on, and Jim Cramer doesn't want investors to miss it.
During his regular Stop Trading! appearance Wednesday, Cramer said there's "a great opportunity for a non-Ambac trade," adding that today's rally has nothing to do with the troubled bond insurer. In tech, Thursday's analyst meeting could boost IBM . Applied Materials landed a key Middle East solar contract, and the stock ramped. Microsoft cut Vista pricing 30%, Cramer said, "and no one cares." He urged investors not to overlook these opportunities.
Cramer also praised Marc Benioff's work at Salesforce.com, calling the chief executive the "most aggressive, greatest CEO in tech today." Cramer said CRM's going higher.
But gadget stocks like Apple and Research in Motion are "hated right now," Cramer said. He recommended selling them on any increase in share price.
2008's all about natural gas, agriculture and gold, Cramer declared. "Any time you try to expand on that you're just trading."
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