This Day On The Street
Continue to site right-arrow
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
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

2 Tech Buys And 6 Sell Ideas From Jim Cramer

Stocks in this article: EXPE GRPN HPQ MSFT ORCL P PCLN TRIP

On Mad Money Jim Cramer was net bearish on the technology sectors. Sorted by average daily volume for the listed companies, some of the companies mentioned on the week of December 17 2012 are listed in the table below.

Table 1

2 Tech Buys and 6 Sell Ideas from Jim Cramer

Data Source: Wall St. Watch Dog

8 of the ideas mentioned in the technology sector are worth extra attention.

Cramer was bearish on companies reliant on the PC sector:

Microsoft Corporation (MSFT) shares traded close to $30, until Windows 8 was released. Investors reduced their enthusiasm for Windows-based tablets, as the RT tablet failed to impress. There are many factors at play. In addition to needing time to build user-interest, the Surface tablet pricing, distribution, and uniqueness in the marketplace are other factors hurting demand.

Hewlett-Packard Company (HPQ) is a company Cramer ranks a sell. HP recently reported a weak quarter, blaming accounting problems at its over-paid division, Autonomy, as the reason. Until HP innovates its line of computers and printers, investors should not expect shares to improve.

EXCLUSIVE OFFER: Jim Cramer’s Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he’s trading today with a 14-day FREE pass.

Unsurprisingly, Groupon, Inc. (GRPN) is a company mentioned as one to avoid. Shares are up 85% from its 52-week low.

Bloomberg wrote about Groupon’s DealAdvisor platform, which helps merchants analyze pricing, volume, and distribution.

Pandora Media, Inc. (P) is another company to avoid. Rallying over 25% from its low, Pandora faces competition from many streaming audio players like Spotify and even Dropbox. Dropbox acquired Audiogalaxy, which may compete against Pandora in the future.

On the bullish side, Cramer liked these companies:

Oracle Corporation (ORCL). Oracle recently purchased Eloqua (ELOQ) for $23.50 per share. Eloqua is a cloud marketing software provider.

The software company forecasted a growth in revenue during its quarterly report, and earnings of $0.64-$0.68 per share next quarter.

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

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
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

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

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, 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
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

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.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

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.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,795.28 +17.13 0.10%
S&P 500 2,066.73 +5.50 0.27%
NASDAQ 4,761.5160 +13.12 0.28%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs