8 Dot-Bomb Survivors Now Booming
On Tuesday, Cramer went "Off the (long-term) Charts." Yes, long-term.
The "Mad Money" host noted that optical component stocks have been doing rather well lately. Ironically, those were the companies that often fared the worst during the dot-com bust of 2001. Since then, there has been a lot of consolidation and just a few players are left. Demand for mobile Internet is strong and driving business.
Cramer looked at seven companies: Finisar , JDS Uniphase , Oclaro , Oplink Communications and OpNext on the equipment side and Agilent , Electro-Optical Engineering and Ixia on the testing side. Each of these stocks have been performing well lately. To see which stock has the brightest future, Cramer sought the help of Tim Collins, a widely regarded technician on Wall Street. Collins evaluated the long-term chart — back to 2000 — of each company.
What did he find? Watch the video for Cramer's full report.
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