Another Door Opens With Xilinx

Now Xilinx (XLNX - commentary - Trade Now) is blowing away numbers, and there's another one that I guess should be avoided, right?

I mean, after all, all it did was say everything's great, better than expected, and the stock is cheap.

I know, I know, the future is always uglier than the past -- a la Intel (INTC - commentary - Trade Now) and JPMorgan Chase (JPM - commentary - Trade Now) -- so you should skip the mobile Internet tsunami, I guess, and this prime name. But for me, it is just another opportunity as I expect this upside, which is legit and sales- or top-line-driven, will be denigrated, giving you another chance to get in lower than you should be able to.

When will people realize that just because stocks have gone up a lot doesn't mean they are finished if the fundamentals are improving!

At the time of publication, Cramer was long JPMorgan Chase.

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Special note from Jim: If my take on these stocks intrigues you, there's much, much more in my brand-new book, Getting Back to Even, which I'll send to you as part of a special promotion when you sign up for my Action Alerts PLUS service for a limited time. So if you sign up now, you'll get to see how I'm playing these stocks in my portfolio today, plus I'll teach you how you can play these stocks to help your portfolio get back to even.

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At the time of publication, Cramer was long JPMorgan Chase.

Jim Cramer is co-founder and chairman of TheStreet.com. He contributes daily market commentary for TheStreet.com's sites and serves as an adviser to the company's CEO. Outside contributing columnists for TheStreet.com and RealMoney.com, including Cramer, may, from time to time, write about stocks in which they have a position. In such cases, appropriate disclosure is made. To see his personal portfolio and find out what trades Cramer will make before he makes them, sign up for Action Alerts PLUS. Watch Cramer on "Mad Money" weeknights on CNBC. To order Cramer's newest book -- "Jim Cramer's Stay Mad for Life: Get Rich, Stay Rich (Make Your Kids Even Richer)," click here. Click here to order "Mad Money: Watch TV, Get Rich," click here to order "Real Money: Sane Investing in an Insane World," click here to get "You Got Screwed!" and click here for Cramer's autobiography, "Confessions of a Street Addict." While he cannot provide personalized investment advice or recommendations, he appreciates your feedback and invites you to send comments by clicking here.

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