'RealMoney' Radio Recap: Nokia Know-How

"One of the methods that I suggest to you as you look for investments is ... you gotta look into your medicine chest, your kitchen shelves ... look at what people are doing all around you," said Jim Cramer on his "RealMoney" radio show Monday.

Among these everyday, money-making ideas, he said to take a closer look at cell phones, a place where Nokia(NOK Quote) is the dominant player.

Motorola(MOT Quote) didn't make its quarter, he said, and its Razr is getting beaten out by other phones.

Not only did Nokia see its earnings greatly rise last in the last quarter, but also the company said it is increasing its market share, Cramer added.

But Nokia has already made its move, and Cramer said it will take a lot of news to get that company moving again. If you open up a Nokia phone, there are a lot of chips inside, and Cramer said that they are made by Power Integrations(POWI Quote).

He said that the spring build for Nokia phones will contain more Power Integrations' chips than any other company's. With the stock down five points, Cramer said that this is the play on the success of Nokia.

Cramer told a caller that he has been a huge supporter of Marvell Tech(MRVL Quote) because it is one of many companies making chips for the trend toward "convergence."

This refers to the fact that consumers no longer want PCs. They want devices a bit larger than cell phones that have PC functions and the ability to play music, or they want video-game devices.

Marvell is the only company with exposure to both of these streams, Cramer said.

He said that a lot of selling going on in Marvell is investors bailing because its rival Broadcom(BRCM Quote) disappointed Wall Street.