Cramer's 'Mad Money' Recap: Smartphone Mania (Final)

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"A new product cycle has begun in tech, and it cannot be denied" an exuberant Jim Cramer told the viewers of his "Mad Money" TV show Wednesday.

He said there's a revolution as big as the Internet itself that investors need to get in.

Cramer said the move towards the wireless Internet via smartphones and other gadgets is now in full swing, as devices move from being luxuries to necessities. These devices now carry our entire lives, including contacts, cameras, email, Internet, media, GPS, entertainment and much more, he said.

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According to Cramer, the move to a mobile Internet is a tide that will lift all boats, starting with the leaders, including Apple (AAPL Quote), Research In Motion (RIMM Quote) and Palm (PALM Quote). The market is not saturated, said Cramer, adding there is room for all of these players.

Cramer said he also sees the swell of wireless Internet to spread to the component makers, companies like Cramer favorite Qualcomm (QCOM Quote), a stock which Cramer owns for his charitable trust, Action Alerts PLUS, and the maker of components in smart phones and in Amazon.com's (AMZN Quote) Kindle e-book reader.

Cramer also sees strength coming in other parts makers, like Skyworks Solutions (SWKS Quote), Starent Networks (STAR Quote) and Sandisk (SNDK Quote), among many others.

Under $75 a share, Cramer said he would rebuild a position in Research In Motion, and would use weakness in any of these other names to rebuild positions there as well. "You cannot miss this move," said Cramer.

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