"Every chapter in this book is a different group of people that you probably didn't know about," and represents tremendous buying power, he said.
Cramer focused on the second chapter of the book, which breaks down the stay-at-home worker trend. Right now there are 4.2 million Americans who work from home, he said, and this is a new reason to own Cisco (CSCO Quote). Cisco has the technology and allows stay-at-home workers to access their business network, Cramer said. "It makes you feel like you're at the office." Moreover, Cisco's recent acquisition of Linksys has helped the company grow in this area, he said. The fact that Cisco is tapping into the trend of more and more people working from home is just one of many great reasons to buy the stock, Cramer said. The company reports quarterly earnings on Nov. 7; Cramer expects the stock should go higher because it "deserves better." On a separate note, Cramer said it's time to sell Amazon (AMZN Quote). "Now there are only three horsemen of tech," he said. Of the three horsemen, Cramer suggested taking off the table 50% of both Apple (AAPL Quote) and Research In Motion (RIMM Quote), which is up 127% since he recommended it However, keep Google (GOOG Quote) on, he advised.- Loading Comments...
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