A New Play on Cloud Computing

The cloud-computing stocks have taken a beating of late, but Cramer isn’t ready to give up on them yet. He just thinks it would be better to play the group with an under-the-radar name.

That’s not to say he doesn’t like Salesforce.com or VMware or EMC . He does, in fact, and recommended on Wednesday that viewers buy them on weakness. But a smaller, speculative name like IntraLinks might be the way to go until the beating ceases.

IntraLinks, like Salesforce, is a software-as-service company that came public this summer, and it’s up 46 percent since that Aug. 5 offering. The company makes it possible for customers to share critical and sensitive information securely overly the Internet, allowing these exchanges to become faster and more efficient. The product is used by companies working on mergers or acquisitions, pharmaceutical and biotech outfits collaborating on clinical trials, in addition to law and accounting firms.

“I think in a few years,” Cramer said, “people in these industries will wonder how they ever did anything without this kind of collaboration technology.”

IntraLinks’ business looks good, yet the stock is trading at a discount to its peers. Cramer thinks that is wrong, but wanted to hear more from the CEO, Andrew Damico. Watch the video for the full interview.

When this story published, Cramer's charitable trust owned EMC.

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