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

2 Tech Buys And 6 Sell Ideas From Jim Cramer

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

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
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 18,024.06 +183.54 1.03%
S&P 500 2,108.29 +22.78 1.09%
NASDAQ 5,005.3910 +63.9670 1.29%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs