On Tuesday's "Mad Money" show, Jim Cramer reviewed three speculative tech stocks.
He said that Motorola(MOT Quote) was having a tough time up against companies such as Apple(AAPL Quote) and Research In Motion(RIMM Quote). The company is losing money, he said, though its stock is up more than 40% this year. He recommended selling the stock. Sprint(S Quote), he said, is a buy on weakness. He liked the buzz surrounding the release of the Pre phone, as well as Sprint's cost-cutting measures and takeover prospects. But it's moved up 200% so far this year. AMD(AMD Quote) received a strong buy from Cramer. Cramer said demand for its product is strong. On Wednesday, Motorola closed down 15 cents, or 2.4%, at $6.09; Sprint added 8 cents, or 1.5%, to $5.58; and AMD closed up 11 cents, or 2.5%, at $4.50. Cramer said that Cummins(CMI Quote) is risky, because if the dollar gains strength, it will hurt the stock. With a global recovery, Cramer said he prefers Action Alerts PLUS name Caterpillar(CAT Quote) because it has more overseas potential and a better dividend. On Wednesday, Cummins gained 31 cents, or 1%, to $32.85. Caterpillar closed down 37 cents, or 1%, at $37.30.- Loading Comments...
- Loading Comments...
Featured Photo Galleries
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,023.42 | 1,069.30 | 2,112.44 | 35.03 |
Oil *
76.05
|
|
UP
17.46
|
UP
2.67
|
UP
7.12
|
DOWN
0.30
|
10 Yr
3.50%
SPDR Gold
107.43
|
|
+0.17%
|
+0.25%
|
+0.34%
|
-0.85%
|
Data delayed 20 minutes |














