Cramer's 'Mad Money' Recap: The Fab Four of Tech
This new group has "taken over," and these are the ones worth owning, Cramer said. "They are in charge."
Cramer said he still likes Dell, even though it is no longer a leader, and he's still bullish on Cisco and Microsoft, as well. He just doesn't like them as much as the new horsemen.
But Intel, Cramer said, "is a poor little lamb that has lost its way."
More on the FourDuring and after a selloff, market players need stocks to keep them in the game, Cramer told viewers. Research In Motion, Amazon, Google and Apple are such stocks. Though Cramer believes that investors in general shouldn't own tech until the end of the summer, these four are tech stocks people can own now. Cramer began with RIM, calling it the "undisputed winner of the handheld," which has had a successful expansion in Latin America. It is a "fantastic" story, he said. Palm (PALM), Cramer said, has got nothing on it. Moving on, he said that Google is a cheap stock "destroying everything in its path." This stock, he said, has left competitor Yahoo! (YHOO), which Cramer owns for his charitable trust, Action Alerts PLUS, "in the dust." Google "owns search," and even though it recently hit its high, it's still cheap, Cramer said, adding that he believes Google should -- conservatively speaking -- go all the way to $600.
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