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This Is Tech's Most Powerful Trend

Monday, 21 Sep 2009 | 3:19 PM ET

Apple’s iPhone is a “total data hog,” Cramer said during Monday’s Stop Trading!, and it’s causing an information bottleneck that’s frustrating AT&T customers. He called for an infrastructure build-out to solve the problem.

Stop Trading, Listen to Cramer!
Mad Money host Jim Cramer shares his stock picks with CNBC's Erin Burnett.

“The dimension of the data overload in this country is extraordinary. And there’s really no way around it,” Cramer said. “We need more antennas.”

That’s where American Tower comes in. He reiterated his buy call on the company, which makes and leases cell-phone towers, as a play on the inevitable update of wireless networks.

On a related note, Cramer said the mobile Internet “tsunami” is a trend big enough to carry Apple , Research in Motion and Palm . The demand is so “incredible” that it’s carrying related plays like Tellabs and SanDisk as well.

“This is the most powerful trend in tech,” Cramer said.

Lastly, the positive action in Onyx Pharmaceuticals , Celgene and others is a sign, Cramer said, that President Obama won’t get his intended health-care reforms. These stocks wouldn’t have run three months ago when the debate started. Now Cramer is expecting “that expensive drugs will be funded by various governments.”

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AMT
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CELG
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OX1
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BB
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SNDK
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T
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TLAB
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AAPL
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