This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Cramer's 'Mad Money' Recap: Apple's Shining Example (Final)

XXXX

In a special "Quiz Cramer" segment, Cramer fielded questions from his live audience. When asked about whether the Federal Reserve will begin QE3, Cramer said what's important is that the Fed is committed to keeping the economy out of recession. Everything else, he said, will take care of itself.

When asked what to do with cash in a retirement portfolio, Cramer said that the viewer must build income. He recommended investing in a master limited partnership, like Kinder Morgan Energy Partners (KMP), which is likely safer than bonds with a much higher yield.

Finally, when a younger viewer asked whether Microsoft's (MSFT) Xbox business could affect he stock, Cramer said that only corporate sales of Windows matters to Microsoft, and its Xbox business is just too small to "move the needle."

Lightning Round

Cramer was bullish on Commercial Metals (CMC - Get Report) and Netflix (NFLX - Get Report).

He was bearish on Rackspace Hosting (RAX - Get Report), Silvercorp Metals (SVM - Get Report), Corrections Corp of America (CXW - Get Report), Chicago Mercantile Exchange (CME - Get Report) and Adobe Systems (ADBE - Get Report).

Closing Comments

In his "No Huddle Offense" segment, Cramer once again opined on technology stocks. He said while a rising tide lifts all tech boats, when that tide recedes, these stocks become cannibals and only the strong will survive.

Cramer told investors not to be dissuaded when the earnings of Apple, Google (GOOG), EMC (EMC) and Amazon.com (AMZN) send all of the tech stocks higher.

In his "No Huddle Offense" segment, Cramer once again opined on the technology stocks. He said while a rising tide lifts all tech boats, when that tide recedes, these stocks become cannibals and only the strong will survive.

Cramer told investors not to be dissuaded when the earnings of Apple, Google (GOOG), EMC (EMC) and Amazon.com (AMZN) send all of the tech stocks higher. He said the best way to play Apple is not with a derivative play but with Apple.

Cramer said the problem with tech is that as the leaders win, like Apple is with its iPhone and iPad, others must lose. He said when the market pulls back next, all the rest of tech will be quickly washed out to sea.

--Written by Scott Rutt in Washington, D.C.
3 of 4

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG
ADBE $79.40 0.00%
CMG $721.20 0.00%
CME $94.62 0.00%
CMC $15.45 0.00%
CXW $30.17 0.00%

Markets

Chart of I:DJI
DOW 16,643.01 -11.76 -0.07%
S&P 500 1,988.87 +1.21 0.06%
NASDAQ 4,828.3250 +15.6170 0.32%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs