Mad Money with Jim Cramer - MAD CAP RECAP - The Official Mad Money Blog
RSS FEED
RECENT POSTS
- Cramer: Berkshire Hathaway Is a 'Screaming Buy'
- Kimco Realty CEO on Solid Earnings
- Cramer: Analysts Today Are So Negative
- Perrigo CEO on Earnings Beat
- Lightning Round: Pep Boys, Covidien, Goldman Sachs and More
- Buffalo Wild Wings Delivers Blazing Hot Quarter
- Wyndham CEO Talks Earnings
- What Keeps Cramer Up at Night
- Cramer's Fave Rail: Union Pacific or Norfolk Southern?
- Abiomed CEO on Blowout Earnings
MAD MONEY FEATURES
PODCASTSWatch the Lightning Round whenever and wherever you want.
OFFICIAL MAD MONEY WIDGETGrab this all-in-one application and get recaps of the show sent right to your desktop or blog.
CRAMERS SOUNDBOARDAdmit it: You've always wanted to hit the "They
know nothing!" button. Here’s your chance.
CHECK OUT OUR PHOTOSCheck out Cramer on set, back to school, behind the scenes and more.
SHOP FOR MAD MERCHANDISEBuy Cramer books, bobbleheads and other Mad Money merchandise.
RING TONESPick up the phone! It's Cramer! New Mad Money sounds for your cell phone.
TEXT MESSAGE ALERTMad Money's mobile. Get show highlights sent to your phone.
Taking Tech's Pulse
Text Size 
Web Producer
This morning Avnet [AVT
Loading...
()
], a company not widely known, reported a better than expected quarter with better than expected guidance. But, it still got pummeled, down 3.2% today at the close.
So, why should investors care about Avnet? Cramer said AVT is a technology distributor that deals with both components and final, finished products. This means the company has its finger on the pulse of the tech sector and a better sense of how these tech companies are actually doing than any other business out there right now.
“Consider it the largest supermarket of tech in the world,” Cramer said.
Avnet has broad exposure to many of the sub-themes that go into the mobile Internet tsunami because it’s the distribution channel for tsunami plays, like Xilinx [XLNX
Loading...
()
], Analog Devices [ADI
Loading...
()
] and ON Semiconductor [ONNN
Loading...
()
]. Also, the company works with Hewlett-Packard [HPQ
Loading...
()
], IBM [IBM
Loading...
()
], and just recently it signed an agreement with Cisco Systems [CSCO
Loading...
()
] to distribute data center products in North America.
The company is expecting a 6.4% annual growth in the markets it sells into over the next three years. The quarter was good and made Cramer think favorably about the future of tech. So why did Avnet stock sell off? Was it brought down by today’s generally miserable action or was there something more specific? To find out more Cramer talked with Avnet’s CEO Roy Vallee. Watch the video for the full interview.
Cramer's chartiable trust owns Cisco Systems.
Call Cramer: 1-800-743-CNBC
Questions for Cramer?
Questions, comments, suggestions for the Mad Money website?
Data is a real-time snapshot *Data is delayed at least 15 minutes
