3 Picks Missed Over Memorial Day Weekend
Traders away for a long Memorial Day holiday may have overlooked three "terrific" companies, Cramer said on Tuesday's Stop Trading!.
NetApp : "That company had the best report of any tech company with the exception of Apple," Cramer said. If people forgot about it over the long weekend, he thinks they should take another look. Aside from a great quarter, he likes how the Sunnyvale, Calif.-based company offers cloud computing services, which he thinks "saves a lot of money."
J. Crew : Cramer said this New York City-based retailer also reported a "teriffic quarter." He explained that JCG was kept at a low level of growth until CEO Mickey Drexler began to turn things around, Drexler recently introduced "Madewell," a denium-based concept for young adults. He also launched weddings last week, which Cramer said is doing well.
Cirrus Logic : Based in Austin, Texas, Cirrus Logic is a technology company that has a big component in most Apple products.
"It is amazing the coattails of Apple," Cramer said.
China's Communist Revolution Among Communists?
Elsewhere in the market, Cramer chatted with CNBC's Erin Burnett about her recent reporting in China. She talked about the conditions of the factories she visited and noted that the government recognizes "the massive income equalities, which are only tenable to a certain point."
Cramer agreed, adding that China knows it needs to address the issue or "there could be a communist revolution among communists."
Cramer's Best China Play
Speaking of China, Cramer pointed out the market disparity between Google and rival Baidu . He noted it's a difference of $150 billion versus $25 billion. With 400 million potential Internet users in China, he thinks Baidu should still be higher.
Cramer's charitable trust owns Apple.
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