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
TheStreet Open House

4 Bullish Technology Calls From Jim Cramer

Stocks in this article: APA GLNG MSFT NFLX XOM

As stock markets rebounded from a selloff in the previous weekly session, Jim Cramer was slightly more bearish on the stocks he covered. Of the 49 companies mentioned on the week of April 22, 2013, Cramer was bearish on 11 (or 22% of them). Granted, a number of bearish calls belonged to companies in the resource sector. This included Exxon Mobil (XOM), Golar LNG (GLNG) and Apache (APA). In the technology sector, which rose 2.64% for the week on an equal-weighted basis, Cramer was bullish on the broadly-owned companies: (More on Cramer:  3 Resource Sector Buy Calls and a Sell from Jim Cramer)

Screen shot 2013-05-02 at 10.08.15 AM

4 of the companies warrant further analysis.

Microsoft (MSFT) surged from $29 to $31.79 in the last several sessions. Investors bid shares higher after the company reported strong quarterly results that allayed fears of weak PC sales. Intel (INTC) also rose 4.28% for the week. Intel is launching its Haswell CPU on June 2013. The high-end processors will be shipped first, followed by less expensive CPUs in the third quarter. The low-end Haswell processors will be made for the H81 motherboard chipset.

Microsoft is leveraging its balance sheet by raising $2.7 billion in debt-financing. The company will not have high interest payments to worry about. Debt will cost just 1.01% on a 5-year term.

In the tablet space, Microsoft is estimated to be having 7.4% of the market with its Surface RT and Windows 8-based units. This would translate to 3 million units. Apple still commands the market with 48.2% of the market, according to Strategy Analytics.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Jim Cramer and Stephanie Link 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

Jim Cramer's protégé, 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
Try it NOW
Try it NOW
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

Jim Cramer's protégé, 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
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
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 17,416.85 +225.48 1.31%
S&P 500 2,021.25 +19.09 0.95%
NASDAQ 4,683.4070 +45.4130 0.98%

Partners Compare Online Brokers

Free Reports

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