"I think people should listen to
Intel's conference call," said Cramer, acknowledging that analysts "hate" the stock. He also observed an uptick in companies buying Intel products.
has signaled that the uptrend in flash memory is poised to continue. "That's why I think
could still go higher," said Cramer.
Novellus also signaled a continual uptrend in DRAM.
"I think semiconductors are still very cheap," said Cramer, also bringing up
Kulicke and Soffa Industries
China GDP data is expected on Thursday and Cramer sees stocks like
being shorted in anticipation of a deceleration in China.
"I'm saying let them come down then tomorrow you can buy Caterpillar -- after China talks about its deceleration and soft landing" he advised. He continues to think that China's slowing GDP will be short-term. "But longer term, China is not the only country" that will be booming he said, echoing comments from his Tuesday segment of
"The world is booming, except for the United States ... even Germany," he said.
Cramer noted that
has raised its forecast and
just moved to Germany, which is a "big country."
"France is very strong," he added. "Brazil -- we talked about it yesterday."
Towards the end of
, Cramer again praised
chairman Ben Bernanke, who he thinks is "totally getting this right."
Cramer's Stop Trading!: Citi, Apple
-- Reported by Andrea Tse in New York.
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