Mad Money with Jim Cramer - MAD CAP RECAP - The Official Mad Money Blog
RSS FEED
RECENT POSTS
- Don’t Trust Buybacks
- Buying the Right Sell-Off Stocks
- Buy Broken Stocks, Not Broken Companies
- The Biggest Market Myth There Is?
- The Key to a Successful Turnaround
- Lightning Round: Corning, Visa, NYSE Euronext and More
- Cramer’s 3 Stocks to Avoid
- Cramer: Play Defense with B&G Foods
- Cramer: Chico’s Proves Ailing Retailers Can Make a Comeback
- Cramer's Advice for the SEC
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.
Is Tech the Value Play Right Now?
Text Size 
Web Editor, Mad Money
 |
“I don’t like the market,” Cramer said during Friday’s Stop Trading!.
Regardless of whether Thursday’s precipitous near 1,000-point drop was caused by a computer error, he thinks a lot of people “genuinely believed” the market deserved to be down that low. If that’s the case, then what does that say about investor conviction?
“That shows me there’s no real conviction to the longs here,” Cramer said. “I want to wait until there’s more conviction.”
But in the meantime, there could be “a lot of opportunity” in technology stocks, Cramer said, as the Nasdaq is in “capitulation mode.” Investors seemed worried about Nasdaq companies and their exposure to Europe, and that has put some good stocks on sale.
“I think that those [stocks] start representing some value here,” Cramer said, adding that Apple [AAPL
Loading...
()
] is one of his favorite tech plays right now.
Cramer’s charitable trust owns Apple.
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
