Check out Jim Cramer's latest trading recommendations on "Action Alerts Plus".
He said the technology world is littered with companies whose technology was outdone by a better mousetrap, and HP will likely be another of those casualties.
Cramer said while HP CEO Meg Whitman appears to be more realistic than when she first took over at the company, he'd also heard similar turnaround efforts from the likes of Data General and Digital Equipment in the 1980s and is seeing it again with Kodak, Nokia (NOK) and Research In Motion (RIMM) today.RIM is small enough to be taken over, said Cramer, but HP is not, making its only option to wither as tablets and phones replace old-line PCs. When it comes to Apple (AAPL), a stock Cramer owns for his charitable trust, Action Alerts PLUS, he said the company's current mapping issues are only a short-term problem. In the end, Apple's closed architecture is proving to be the winner against commodity PCs that use Microsoft (MSFT) and Intel (INTC) components. Watch the full Cramer interview here. --Written by Scott Rutt in Washington, D.C. To email Scott about this article, click here: Scott Rutt Follow Scott on Twitter @ScottRutt or get updates on Facebook, ScottRuttDC
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV