Updated from 7:24 a.m. EDT
Jim Cramer devoted a lot of air time and page space this week to the run in the technology sector. He believes we are on the cusp of another period of great innovation and growth that harks back to 1995. Imploring market players not to fall victim to the market bears, in a July 17 RealMoney blog post, he cited an unbelievable July, which thus far has been rife with takeovers, buybacks and upgrades. "You can't sit out moves like this. Yet, I am sure if you go back one month ago, two months ago, three, four or five months ago to the day, you would have seen the same set of worries that would've kept you out of amazing gains," he wrote. Here are some Cramer highlights from the past week as aggregated from his "Mad Money" TV show, "Stop Trading!" segment on CNBC and his blog posts. Cramer's New Takeover Targets: In a July 19 blog post, Cramer wrote: "So you have Nestle(NQB Quote) and Pepsi(PEP Quote) on the prowl. Isn't that the takeaway of the Pepsi-Nestle failed merger? What does it mean? I think it means a really out-of-favor group -- consumer goods -- could get some lightning going for it. Unfortunately, because of the safety premium, these stocks aren't cheap. Not a one. But a few come to mind as natural for acquisition." Here they are along with potential acquirers: Cramer's New Takeover Targets include Colgate(CP Quote) and Clorox(CLX Quote).- Loading Comments...
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