Why Google Is Not Apple

There once was a time when Google was a tech titan worth owning, right along with Apple, but that time is not now.

The stock may be “inexpensive,” Cramer said Thursday, “but it lacks a catalyst.”

What Google truly lacks is accelerated revenue growth, something Apple has in spades. Also, the search-engine giant’s growth seems contained to the market share it takes from the ailing Yahoo!, while Apple is delivering market-creating products.

“We don’t want a pie that’s growing slightly that we get a bigger piece of,” Cramer said. “We want a whole new market, which is the iPad.”

The “Mad Money” host reiterated his $325 price target for Apple.

Stay far away from the for-profit education stocks, Cramer said, including Apollo Group and others. Building off the reporting of CNBC’s Herb Greenberg, Cramer cited trouble with the companies’ business models as more and more federal regulations seem to make it harder and harder for Apollo, which on Wednesday night withdrew its fiscal 2011 outlook because of these rules, and its peers to make money. Cramer said this shift has turned once-great growth stocks into value plays, and when that happens, “it takes multiple years to recover.”

Investors looking for a chemicals play should consider Lyondellbasell, Cramer said. While many other chemicals stocks “have moved up too much,” Lyondellbasell is “a great value play coming out of bankruptcy.”

Lastly, Frontier Communications CEO Maggie Wilderotter put any concerns about her company’s dividend to rest during a recent “Mad Money” appearance, and that confidence has since spread to the Street.

“This is now the largest dividend in the S&P 500,” Cramer said, “and I think it’s safe.”

When this story published, Cramer’s charitable trust owned Apple.

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