NEW YORK (TheStreet) -- On his Thursday Stop Trading! segment on CNBC, Jim Cramer said that Thursday's stronger market was being driven by strong Dow earnings.
Cramer noted that
CEO Randall Stephenson was using words like "strong" to describe the quarter, even though he's "not given to hyperbole."
Cramer described AT&T's second quarter as "a great quarter ... and thank you Steve Jobs!" he was referring to the company's exclusive carrier deal for
popular iPhones. Despite Apple's recent iPhone4 antenna problems, Cramer continues to believe that Apple CEO Steve Jobs is a "genius."
"You cannot stop the iPad," Cramer added.
Even though he continues to like
Research In Motion
, Cramer wonders whether RIMM would eventually be
Tech stocks that Cramer recommended Thursday include
as the need for high-speed internet grows;
-- as the popularity of cloud computing increases -- "that stock's going much, much higher," he said.
Another recommendation was
which is hardware that allows cloud computing, he said.
Cramer also mentioned that "you can put
much higher" and that
is not waiting for the U.S. to recover; it's going straight to the economies that are already stimulated, such as the emerging economies.
Both companies raised their earnings guidance Thursday.
During the show, Cramer also mentioned that he "loves"
and thinks that it's the "greatest firm in the world."
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-- Reported by Andrea Tse in New York
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