Profiting on Cell Phone Upgrades
Cramer welcomed David Aldrich, President and CEO of Skyworks Solutions (SWKS Quote) to the show for an update on the company's business. Aldrich said the company's business continues to be strong. The cell phone industry, he said, is in the middle of an upgrade cycle, with older voice-only phones being replaced by smartphones that provide GPS, Internet and other services. In addition, he said, Skyworks is now a sizeable supplier to all of the major cell phone manufacturers including Apple (AAPL Quote) and Research In Motion (RIMM Quote). Calling Skyworks a great story, Cramer said he continues to be behind the company.
Lightning Round
Cramer was bullish on Schering-Plough (SGP Quote), Mastercard (MA Quote), Wellpoint (WLP Quote), ConocoPhillips (COP Quote), Sirius Satellite Radio (SIRI Quote) and Urban Outfitters (URBN Quote). Cramer was bearish on Whole Foods (WFMI Quote), Wellcare Health Plans (WCG Quote) and SAVVIS Inc (SVVS Quote). Want more Cramer? Check out Jim's rules and commandments for investing by clicking here. For more of Cramer's insights during the Lightning Round, click here.- Loading Comments...
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