Cramer's 'Mad Money' Follow-Up: Tekelec

Stock quotes in this article: AAPL , GOOG , SQM , STT , FDX , UPS , TKLC  

On Monday's "Mad Money" TV show, Jim Cramer said that the tech rally will stick and is gaining strength daily.

Stocks such as Apple(AAPL Quote) and Google(GOOG Quote) started the rally, but Cramer recommended looking for opportunity in smaller, more speculative names, such as Tekelec(TKLC Quote), which produces a key component of text messaging.

Cramer recommended the stock on both the potential in text messaging and the company'sexposure to India's fast-growing cellular market.

On Tuesday, Apple closed up 64 cents, or 0.5%, at $132.71, and Google closed up $1.01 at $402.99. Tekelec was up $1.08, or 6.8%, to close at $16.89.

Cramer also recommended Sociedad Quimica(SQM Quote) as a play on demand for lithium-ion batteries.

On Tuesday, Sociedad Quimica fell 74 cents, or 2.3%, to $31.60.

Even though State Street(STT Quote) didn't receive a hoped-for ruling on new accounting standards, Cramer sill recommends it and owns it for his Action Alerts PLUS charitable trust.

On Tuesday, State Street lost $2.14, or 5.7%, to close at $35.21.

Cramer also said he prefers United Parcel Service(UPS Quote) and FedEx(FDX Quote) to Con-Way Trucking(CNW Quote).

On Tuesday, Con-Way gained 10 cents to close at $25.50. FedEx closed up $1.25, or 2.1%, to $60.76, and UPS added $1.03, or 1.9%, to $55.15.

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At the time of publication, Cramer was long XXX.

Jim Cramer is a director and co-founder of TheStreet.com. He contributes daily market commentary for TheStreet.com's sites and serves as an adviser to the company's CEO. Outside contributing columnists for TheStreet.com and RealMoney.com, including Cramer, may, from time to time, write about stocks in which they have a position. In such cases, appropriate disclosure is made. To see his personal portfolio and find out what trades Cramer will make before he makes them, sign up for Action Alerts PLUS. Watch Cramer on "Mad Money" weeknights on CNBC. Click here to order Cramer's latest book, "Mad Money: Watch TV, Get Rich," click here to order his book, "Real Money: Sane Investing in an Insane World," click here to get his second book, "You Got Screwed!" and click here to order Cramer's autobiography, "Confessions of a Street Addict." While he cannot provide personalized investment advice or recommendations, he invites you to send comments on his column by clicking here.

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