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Cramer: Will Google Reach $750?

Google should report “a giant upside surprise this quarter,” Cramer said during Tuesday’s Stop Trading!.

The Mad Money host attributes that possibility to an unexpected surge in fourth-quarter ad spending, thanks to an improving economy. While virtually none of that money went to print or radio, Cramer said, and only some went to television, “a huge amount went to the Web.” The main beneficiary? Google .

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Google is growing both from the resurgence in advertising as the economy picks up, and the move away from so-called old media, such as print and radio, to new. Not to mention, the search-engine giant is on par with the Super Bowl in terms of its audience reach, Cramer said, making it the likely recipient of much of the available ad dollars.

“It is that powerful,” Cramer said.

Cramer on Dec. 15 predicted that Google would reach $750 a share, and it looks like he's sticking with that price target.

Elsewhere in the market, Keefe, Bruyette & Woods made a “gutsy call” when it upgraded TD Ameritrade , Cramer said. He saw Keefe’s boost of AMTD to “outperform” from “market perform” as a prediction that the retail investor would return to the market in 2010. Cramer said retail brokerage group should make “a very good place to be next year.”

Finally, Cramer pointed to the strong performances in Jabil Circuit , Arrow Electronics and Vishay Intertechnology as proof that Q1 next year will be better than expected in tech. These three companies, which he called “the guts of tech,” are “far more important” than a Dell or Microsoft in reading the health of the sector, and business right now look good.

“Tech is going to shock in [the] first quarter,” Cramer said. “It’s going to be explosive.”

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