GO
Loading...

What’s Going On With Tech?

CNBC.com
Wednesday, 8 Aug 2012 | 6:19 PM ET
Cramer's Talking With Avnet CEO After Earnings
Rick Hamada, Avnet CEO, discusses his company's weaker-than-expected earnings report, its financial strategy going forward, and strong profits from Asia.

On Wednesday, Jim Cramer wanted to take the temperature of the technology sector.

After all, Cramer noted the tech sector has rallied nicely lately. The Nasdaq, which is greatly weighted toward tech, is well above the 3,000 level right now.

So to look at just how tech is doing, Cramer looked to Avnet. The Phoenix-based company is the world’s largest based distributor of electric components, as well as a big distributor of information technology software.

Watch the video to see Cramer’s interview with CEO Rick Hamada.






@MadMoneyOnCNBC on Twitter

"Mad Money" on Facebook

Call Cramer: 1-800-743-CNBC

Questions for Cramer? madmoney@cnbc.com

Questions, comments, suggestions for the "Mad Money" website? madcap@cnbc.com

Featured

Contact Mad Money

  • Showtimes

    Monday - Friday 6p ET
  • Jim Cramer is host of CNBC's "Mad Money" and co-anchor of the 9 a.m. ET hour of CNBC's "Squawk on the Street."

Mad Money Features

  • Grab the latest CNBC gear from the NBCUniversal Store!

  • Get a behind-the-scenes look at how Cramer formulates his investment advice. "Inside the Madness" is a column, which features e-mails and more with Cramer and his researcher Nicole Urken.

  • You’ve always wanted to hit the “Hallelujah!” button. Here’s your chance.