The new horsemen are Research In Motion (RIMM Quote), Amazon.com (AMZN Quote), Google (GOOG Quote) and Apple (AAPL Quote), Cramer proclaimed.
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 Four
During 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 Quote), 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 Quote), 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.- Loading Comments...
- Loading Comments...
Recent Comments
Featured Photo Galleries
-
Honda issues global airbag recall
BBC
-
China Passes Germany as Worlds Top Exporter
New York Times
-
Ore Increases Boost Steel Prices
The Wall Street Journal.
-
Europe Weighs Rescue Plan for Greece
WSJ.com: Asia Home
-
U.S. Stocks Rally on Growing Prospects for Bailout of Greece
BusinessWeek Online
-
Clive Palmer Clarifies His $60B China Coal Sale
Forbes.com: Business News
-
Storm over bailout of Greece, EU's most ailing economy
Latest Business News from Times Online
-
Square Feet: Changing a Culture by Removing Walls
New York Times
-
Paulson Tells Buffett Banks to Repay ‘Every Penny’ (Update2)
BusinessWeek Online
-
Tuesday Reads
The Big Picture
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,058.64 | 1,070.52 | 2,150.87 | 36.33 |
Oil *
72.02
|
|
UP
150.25
|
UP
13.78
|
UP
24.82
|
UP
0.41
|
10 Yr
3.63%
SPDR Gold
105.45
|
|
+1.52%
|
+1.30%
|
+1.17%
|
+1.14%
|
Data delayed 20 minutes |
More From TheStreet
Latest HeadlinesBrokerage Partners
Sponsored Links














