Mad Money with Jim Cramer

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Tech Stocks On The Way Up

Now is the time to invest in technology stocks, Jim Cramer said, because the sector is bottoming out.

The “Mad Money” host said the sector won’t likely see a V-shaped bottom with an ultra-fast rebound. Tech is, however, primed for a U-shaped bottom, despite a tough market environment and sluggish economy. In the last nine of 10 years, tech has bottomed and begun to inch higher between mid-September and late October. Business is typically slow in the summer months, but picks up in the fall when: 1) gadgets are built ahead of the holiday shopping season; and 2) businesses or government agencies are forced to spend money on information technology equipment by year-end, or risk losing the money from their budgets.

Click ahead for 10 stocks that Cramer says have hit bottom.

By Drew Sandholm
Posted 26 October 2011

Note: When this slideshow was published, Cramer's charitable trust owned Apple, EMC, and Juniper Networks.

Photo: CNBC.com