The Next Big Name In Mobile Internet
As most Cramericans know, Cramer has been repeating his game-changing prophecy about the mobile internet tsunami. Think Apple's iPhone or Research in Motion's Blackberry. Cramer thinks that this is the biggest secular growth trend in tech, which he expects to parallel the traditional internet's multi-year gains in the 90's.
Back on August 11th, Cramer created the Mobile Internet Index, which is comprised of 21 stocks that represent every facet of this trend from pure internet plays and device makers to wireless infrastructure plays and component makers. Since the creation of the Mobile Internet Index, Cramer points out that the component stocks are up an average of 9.1%, while the S&P 500 is up just 3.9%.
But now Cramer is honing in on one of the members of his Mobile Internet Index that is primed for a breakout: Skyworks Solutions , up 16% since August 11th, and up 192% since December. Even with these gains, Cramer sees the upward momentum continuing on this name, as it produces the components required for smartphones and connectivity to mobile internet, supplying all of the major phone makers.
To get full story on this skyrocketing company, Cramer is talking to the CEO, David Aldrich, about things happening in the mobile internet business as a whole and his company specifically. Click here to watch the entire interview!
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