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
See Cramer's multi-million dollar portfolio for FREE and get his new book Get Rich Carefully! Learn More

RealMoney Radio Recap: Going for GameStop

Nintendo fans are getting ready for the company's next-generation gaming system, Jim Cramer told his "RealMoney" radio show listeners Friday, adding that the hype for this machine will start to ramp up ahead in the coming months.

With Microsoft's (MSFT) Xbox on the market and Sony's (SNE) PlayStation due out this year, there is money to be made and saved, Cramer said.

He pronounced the death of the personal computer, saying that it's not really tailored to handle the newest, slickest games; and that most users don't need a faster machine than the one they already have if they're just using their PCs to listen to music, watch videos, file photos and surf the Internet.

Cramer said investors need to get out of Microsoft, a stock he owns for for his ActionAlerts PLUS charitable trust portfolio, Intel (INTC) and Dell (DELL).

Growth in consumer devices is going to cell phones and game systems, he said. And in terms of video games, he said there are two plays that work no matter what game system is the most popular: Electronic Arts (ERTS) and GameStop (GME).

He said that Electronic Arts is off 20 points, but that he believes it will run higher; and GameStop is the largest specialty game retailer in the country.

He said that Marvell (MRVL) makes sense to buy, and that the company is making the new one-handed controller for Nintendo's latest system.

Rambus (RMBS) and ATI Technologies (ATYT) manufacture chips that make the game experience so intense, he said, creating speed and graphics that you can't get on a PC, he said.

And he likes Microchip Technology (MCHP) or Trident Microsystems (TRID), which make chips for television-screen graphics.

As the Enron Turns

Cramer said that he can't look away from the soap opera that is the Enron trial, noting that he was not surprised when company founder Kenneth Lay "lost it" on the stand. The whole company culture was vicious, he said.

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

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
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

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

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, 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
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
DOW 16,427.52 +2.67 0.02%
S&P 500 1,862.53 +0.22 0.01%
NASDAQ 4,089.3580 +3.1330 0.08%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto
Advertising Partners

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs