According to Jim Cramer, tech's the answer in this market. Cramer doesn't like the prospects for commercial real estate, unemployment, housing foreclosures and Obama's tax plans. He feels all of those areas are bad and getting worse. However, Cramer does like the future outlook for the tech sector.
Cramer sees strong demand in tech coming out of Asia due to the coupon program in China. He also thinks a big product cycle is coming for mobile Internet players as consumers upgrade to new smartphones and wireless gadgets. Cramer feels the best ways to play the coming Internet tsunami cycle is with
Cramer is also more bullish on tech after
came out with a strong sales and earnings report on Wednesday.
On a recent "Mad Money" episode,
Cramer said Intel has singlehandedly ignited the rally in the
, and dispelled the longstanding belief that nothing in tech was working. He expects to see more blowout quarters coming out of the technology sector as we head deeper into the earnings season.
Recently, Cramer found opportunity in stocks to trade off of Intel's strong quarter, stocks that are experiencing big short squeezes and retail stocks. Here are some Cramer highlights from over the past week as aggregated from his "Mad Money" TV show, the "Stop Trading!" segment on
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