Jim Cramer's Best Blogs

Jim Cramer fills his blog on RealMoney every day with his up-to-the-minute reactions to what's happening in the market and his legendary ahead-of-the-crowd ideas. This week he blogged on:

• the return of big-name tech,
• the end of speculation, and
• why the Dow is headed down.

Click here for information on RealMoney, where you can see all the blogs, including Jim Cramer's -- and reader comments -- in real time.

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Big-Name Tech Returns to Life
Posted at 11:46 a.m. EDT, Oct. 26, 2009

We have leaders, so we have winners. Amazon(AMZN Quote), Apple(AAPL Quote), Google(GOOG Quote) and Microsoft(MSFT Quote) are making moves that have us thinking about tech in a positive way and make us recognize the power of the Web renewed.

Google is driving a ton of stocks, including the F5 Networks(FFIV Quote)-like Web infrastructure plays. I see Akamai(AKAM Quote) moving off it. I also see the usual mobile Internet tsunami stocks that are needed to be able to handle the Google(GOOG Quote)/YouTube volume.

Apple can carry stocks, particularly the tower stocks, but also component makers that have lagged off of TriQuint(TQNT Quote), players like Skyworks(SKWS Quote) (loved by Breakout Stocks) and American Tower(AMT Quote).

Amazon is a sign that the consumer is spending -- think Visa(V Quote), and also that the holiday season could be excellent. I do not believe it is a total cannibalization play, but I have to remind people that a week ago this was supposed to be Amazon vs. Wal-Mart(WMT Quote), with the latter supposed to be taking it to Amazon. The truth is that Amazon is a fulfillment play and a cultural play that Wal-Mart can't challenge on price. This is not the case of a supermarket where Wal-Mart can offer amazingly low prices (I was there this weekend, and the dry food prices are out-of-control cheap), nor is it like the $4 drug prices that take away from Walgreen(WAG Quote) and CVS(CVS Quote).