Cramer's 'Mad Money' Follow-Up: Tech Spec

Stock quotes in this article: MOT , AMD , AAPL , RIM , CAT , S , CMI  

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.

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At the time of publication, Cramer was long Caterpillar.

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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