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

Jim Cramer's Best Blogs

There is no right for a company to exist just because it has a long history of existing. The tech world is littered with castoffs that thought they had a right to exist: Wang, Digital Equipment, Data General, Burroughs, Control Data, Univac and Nortel. They were storied. They were valuable. Then they were irrelevant, gone, or subsumed for next to nothing.

Right now we are seeing whole companies go away, companies like Research In Motion (RIMM), a takeover candidate but not much more. Like Nokia (NOK), which is apparently trying to sell the equivalent of its family jewels, its headquarters, to stay afloat. And Eastman Kodak may soon cease to exist.

I would go so far as to say that Hewlett-Packard may be suffering a Kodak moment. Why is that so hard to fathom? Like Hewlett-Packard, Kodak used to be one of the most important tech companies in the world, a financial powerhouse with the best cameras, the best printing technology, the best pharmaceuticals and the best chemicals. One by one, it sold of its gems or failed to exploit them, right down to the closing of its innovative printer line. Sound familiar?

I had hopes that I might be able to see a Whitman vision. Instead, reality was distorted -- but in a bad way, not a good one. I'll reiterate: under Obama, under Romney, there is no reason to own Hewlett-Packard.

Action Alerts PLUS, which Cramer co-manages as a charitable trust, is long AAPL.

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
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free

Markets

Chart of I:DJI
DOW 16,027.05 -177.92 -1.10%
S&P 500 1,853.44 -26.61 -1.42%
NASDAQ 4,283.7530 -79.3910 -1.82%

Our Tweets

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs