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

On Friday's "Mad Money" show, Jim Cramer said the rally following the market bottom in March is not over yet. He offered Wells Fargo(WFC Quote) as an example. On Friday, following Wells' secondary stock offering, the stock gained $6.

On Monday, Wells Fargo slipped $1.65, or 5.9%, to close at $26.53.

Cramer's final "Tech Spec" pick for the week was Starent Networks(STAR Quote) following its 52-week high. The hardware and software company has 75% or more of the market share in the CDMA technology used by Verizon(VZ Quote) and Sprint(S Quote).

Cramer recommended taking a stake worth the same amount of money in all five of last week's "Tech Spec" names. He said odds were that one would not work out but that at least one other name will.

On Monday, Starent added 80 cents, or 4.2%, to close at $19.67.

Once again, Cramer plugged smaller banks, this time focusing on People's United Financial(PBCT Quote), based in New England. He said that the smaller, sturdier banks are in a position to overtake the bigger, more troubled ones and gain power.

On Monday, People's United gained 5 cents to close at $16.42.

Cramer said that Qualcomm(QCOM Quote) had "been on a tear" but that it then "hit a wall." Nonetheless, he still thought the stock is a "screaming buy."

On Monday, Qualcomm added 13 cents to close at $41.92.

Cramer called Fuel Systems Solutions(FSYS Quote) a buy "even when it's up $5." He told viewers not to wait for a pullback in the stock to scoop up shares.