Stop Trading!

Return to Article

Jim Cramer's Stop Trading! Hit F5

TheStreet.com Staff

It's time to get out of Akamai (AKAM Quote) and into F5 (FFIV Quote), Jim Cramer said Thursday on CNBC's Stop Trading! segment.

Cramer said Akamai has been "unstoppable" of late with its hold on the fast-growing streaming video business. But at 63 times earnings, he believes the stock has limited upside. Cramer said F5 traffics in a similar business but trades at only 26 times earnings estimates.

"It's time to jump off the Akamai horse," Cramer said, and buy F5.

Cramer also loves the oil service companies, particularly Input/Output (IO Quote), up 8% Thursday, and Baker Hughes (BHI Quote). The drillers, he explained, are "en fuego."

Cramer believes the market should rise sharply for the rest of Thursday into Friday. He cited options expiration-driven action in big names like Exxon (XOM Quote) and AIG (AIG Quote). "Bears, look out," Cramer said.