This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Cramer's 'Mad Money' Recap: Amazon, Google, Apple Are the Only Tech Stocks That Matter

Search Jim Cramer's "Mad Money" trading recommendations using our exclusive "Mad Money" Stock Screener.

NEW YORK ( TheStreet) -- When it comes to technology, don't over-think things, Jim Cramer told "Mad Money" viewers Thursday.

There are only three tech stocks that matter in this market, and they are (AMZN - Get Report), Google (GOOG - Get Report) and Apple (AAPL - Get Report), a stock Cramer owns for his charitable trust, Action Alerts PLUS .

Cramer said each of these companies are doing amazing things that can make investors money while the rest of tech seems to be in decline. Personal computers are becoming increasingly irrelevant, said Cramer, which makes the stocks of Hewlett-Packard (HPQ) and Dell (DELL) a sell, sell, sell, along with everything that goes into PCs, mainly Intel (INTC) and Microsoft (MSFT).

While no one may want a PC this holiday season, everyone certainly wants a tablet, said Cramer, which may lead some investors to Barnes & Noble (BKS). But after the company delivered an earnings miss of 4 cents a share, Cramer said he'll take a pass. Barnes & Noble's Nook tablet simply isn't a big enough factor to matter.

But when it comes to Amazon, Google and Apple, those companies offer customers superior products at a great value. Cramer said everything Amazon sells is done at a terrific price and the company's model of making money selling all the books, movies and music that goes onto your Kindle is a good one.

Cramer was less excited about Google, however, after that company disappointed last quarter. Google always innovates, he said, which is why he needs to see the company's results from this quarter before deciding to buy back in.

Then there's Apple, the clear leader in phones and tablets. Cramer said Apple's iPad has only one real competitor and that's the iPad Mini. That's why when it comes to this holiday season, Cramer told viewers not to over-think it, just go with the winners.

Fix the Infrastructure

If Hurricane Sandy has taught our nation anything, it's that we need to invest in our electrical infrastructure and we need to do it now.

Even before the hurricane, Cramer noted a full 30% of our nation's infrastructure is beyond its useful life, with another 30% approaching the end of its useful life.
1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $92.72 -0.56%
AMZN $673.95 2.25%
GOOG $711.12 1.38%
HTA $30.40 1.43%
PWR $23.63 2.03%


Chart of I:DJI
DOW 17,740.63 +79.92 0.45%
S&P 500 2,057.14 +6.51 0.32%
NASDAQ 4,736.1550 +19.0610 0.40%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs