Watch Apple and Google for a Turn

Editor's note: Jim Cramer will present his 2009 stock outlook for the first time at TheStreet.com Investment Conference on Saturday, Oct. 25. Limited seating. Act now.

We don't have enough stocks for which we can say, "They have it, they figured it out, they are going to make good money now, not some amorphous time in the future."

I see two of them: Google (GOOG - commentary - Cramer's Take) and Apple (AAPL - commentary - Cramer's Take). They are delivering and delivering now.

Apple's got $23 billion in cash, it has tremendous products that are just getting traction -- the iPhone -- and it probably has more in the pipe that we don't even know about. In the meantime, think about Sony (SNE - commentary - Cramer's Take) today? They have nothing cooking at all. LG and Samsung are killing them. Think about AT&T (T - commentary - Cramer's Take). They are subsidizing Apple, for heaven's sake. I mean, this company has everything cooking and it is the youth stock, meaning that kids love it, so the next generation will be buying their laptops, their desktops and their iPhone and their iPod. I think that's all she wrote for so many others!

Google is the only game in town. AOL, Microsoft (MSFT - commentary - Cramer's Take) and Yahoo! (YHOO - commentary - Cramer's Take) are all scrambling, but I wonder whether can they catch Google unless they all combine. Again, it is generational. Google is the search engine for the kids, and I am amazed that despite Yahoo!'s ballyhoo, Google's still taking huge share.

Now, what's the point? As long as these two stocks languish, how in heck can anything else go up? How? These are the benchmarks.

I await their rallies before I start thinking that the Nazz can rally on its own.

Random musings: John Roque negative on CNBC. He's got a great track record. Just great.

At the time of publication, Cramer had no positions in the stocks mentioned.

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