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NEW YORK (
) -- When it comes to technology, don't over-think things, Jim Cramer told
There are only three tech stocks that matter in this market, and they are
(AMZN - Get Report)
(GOOG - Get Report)
(AAPL - Get Report)
, a stock Cramer owns for his charitable trust,
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Cramer said each of these companies are doing amazing things that can make investors money while the rest of tech seems to be in decline. Personal computers are becoming increasingly irrelevant, said Cramer, which makes the stocks of
a sell, sell, sell, along with everything that goes into PCs, mainly
While no one may want a PC this holiday season, everyone certainly wants a tablet, said Cramer, which may lead some investors to
Barnes & Noble
. But after the company delivered an earnings miss of 4 cents a share, Cramer said he'll take a pass. Barnes & Noble's Nook tablet simply isn't a big enough factor to matter.
But when it comes to Amazon, Google and Apple, those companies offer customers superior products at a great value. Cramer said everything Amazon sells is done at a terrific price and the company's model of making money selling all the books, movies and music that goes onto your Kindle is a good one.
Cramer was less excited about Google, however, after that company disappointed last quarter. Google always innovates, he said, which is why he needs to see the company's results from this quarter before deciding to buy back in.
Then there's Apple, the clear leader in phones and tablets. Cramer said Apple's iPad has only one real competitor and that's the iPad Mini. That's why when it comes to this holiday season, Cramer told viewers not to over-think it, just go with the winners.
Fix the Infrastructure
If Hurricane Sandy has taught our nation anything, it's that we need to invest in our electrical infrastructure and we need to do it now.
Even before the hurricane, Cramer noted a full 30% of our nation's infrastructure is beyond its useful life, with another 30% approaching the end of its useful life.