Let go of the past, Jim Cramer told listeners Friday on his
"RealMoney" radio show
Tech stalwarts such as
(CSCO - Get Report)
(ORCL - Get Report)
have seen their best years, he said, and it's time to move on to find the next Dell, the next Cicso, the next Sun and the next Oracle.
What these stocks have in common is little to no growth, said Cramer, and growth is what Wall Street likes. So, waiting for a better time to sell means capital is being tied up when it could be redeployed elsewhere. There are so many stocks that are better, said Cramer. "It makes no sense to hold them."
If you have to, sell small amounts over time, he said, until the positions are gone. You can always buy them back if something changes, he said.
(INTC - Get Report)
(MSFT - Get Report)
better than Dell.
(BRCM - Get Report)
is better than Cisco, he said. Cramer would rather own
(SAP - Get Report)
or Microsoft than Oracle. As for Sun Microsystems, that "sector is dead," he said.
Stocks Under $10 co-author David Peltier joined Cramer to talk about stocks from Thursday's "Stump Cramer" segment.
(HMSY - Get Report)
, Peltier said he preferred
Allscripts Healthcare Solutions
(MDRX - Get Report)
. Cramer agreed.
MainSource Financial Group
(MSFG - Get Report)
lost its CFO in October, and he would wait to see "how the new CFO does."
Cramer agreed, saying the CFO's departure is "perhaps a red flag."
was well-capitalized with enough cash to last four years. But the company only had $2 million in revenue last quarter and is just beginning human trials, he said. The stock is up big this year, so it could be a risky situation.
Cramer said Anadys sounded interesting, and he recommended monitoring the situation for further developments in the human trials.