Cramer's Wall St. Confidential: More Room to Run

The most interesting trend now is that finance, drug and tech stocks didn't have a "good enough" year vs. other groups, Jim Cramer said on TheStreet.com TV's Wall Street Confidential video Wednesday -- and now they're getting the love.

Because a lot of these stocks tread water and then had a "bad last 10 days" in the market, Cramer told Wall Street Confidential host Aaron Task that they're seeing some inflows and getting a boost. At the same time, money is flowing out of oil because it seems people are really starting to believe that global warming is here and it's never going to get cold again, he said.

However, if the East Coast had gotten Denver's cold weather instead of being unseasonably warm, Cramer said he believes people would be seeing a "whole other pattern" in the market.

In terms of tech, Task pointed out Goldman Sachs has been downgrading some stocks in the sector.

Cramer responded by saying that although January has historically been a "tough time" to own tech stocks, he believes the trend will be "flipped" this year because of a "tremendous" PC marketing surge.

Goldman Sachs is relying on the past, but there is finally a catalyst here with Microsoft's (MSFT Quote - Cramer on MSFT - Stock Picks) Vista product, he said. Therefore companies such as Best Buy (BBY Quote - Cramer on BBY - Stock Picks) and Office Depot (ODP Quote - Cramer on ODP - Stock Picks), which "advertise like mad," are shifting their advertising dollars from big-screen TVs to PCs.

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