PEWAUKEE, Wis. (TheStreet) -- According to Jim Cramer, market bears make up excuses to scare investors out of stocks. The bears have been screaming to sell the market as the Dow's soared past 7,500, 8,500, 9,500 and now 10,000, said Cramer.
Cramer said no matter if it's oil prices or gold prices or fears of higher interest rates or rising jobless claims, the bears always find a reason to tell investors to get out of stocks. Don't blame the bears, he said. It's just the way they operate.
Cramer pointed out that the bears failed with their macro attacks on the market. And when those tactics didn't work, they started to attack individual companies like
Johnson & Johnson
. The bears even went after
, despite the fact that the company reported its largest quarter-over-quarter sales increase in 30 years. Cramer sees Intel going to $25 a share, and that's not even taking into account the "mobile Internet tsunami."
Cramer said more negativity is coming, but he advised viewers to not be tricked by the bears, because the markets are going higher, and they're just making excuses.
Recently, Cramer found opportunity in semiconductor stocks, homeland security stocks and stocks it's not too late to buy. Here are some Cramer highlights from over the past week as aggregated from his "Mad Money" TV show, the "Stop Trading!" segment on
blog posts (these blog posts might require a
: Cramer is amazed that the rolling bull market continues even as the broader averages look tired. In an
Oct. 12 blog post
, he wrote: "Or how about
? This one had been shot out of a pistol, rallying to $6 and change, and then it got pancaked, and it looked like the whole move would be rolled back. Now it's roaring ahead again back toward its high." The
: Cramer thinks it's far from too late to get into a number of stocks. In an
Oct. 12 blog post
, he wrote: "Is it too late to buy
Bank of America
, down 60% from where it was when the banking crisis was running its course and where we have seen consolidation that could be huge for it?" The
: Cramer thinks one secular growth trend that's not going away anytime soon is protecting the U.S. from terrorism. On
Tuesday's "Mad Money" episode,
he told viewers that
has the best technology when it comes to detecting intruders and suspicious activity at locations such as the Eiffel Tower and the New Jersey Transit System. The
American Science & Engineering
: Cramer has found a couple of takeover targets on the heels of the
he told viewers that both of these stocks reside in his mobile Internet index, and investors shouldn't wait for Wall Street to catch up but should get in on the ground floor now. The
: Cramer thinks it's a mistake to try and sell a number of stocks right now. In an
Oct. 12 blog post
, he wrote: "So, fade 'em if you want. But remember there's a wave of people who want in and are hoping you will knock down the futures for a better entry point and they know that the worries, which preoccupy the media, show no signs of abating, even as the selling abated a long time ago." The
Goldman Sachs Group
: Cramer sees opportunity in the semiconductor space. In an
Oct. 9 blog post
, he wrote: "The rally's extended into capital equipment as semi shortages can only be cured by more equipment because if this is how much demand there is when things are bad, you can only imagine what the demand will look like when the economy turns." The
-- Written by Roberto Pedone in Pewaukee, Wis.
Stockpickr is a wholly owned subsidiary of TheStreet.com.
(Editor's note: At the time of publication and/or original publication of his posts and shows, Cramer owned Bank of America, Visa, JPMorgan and Cisco for his Action Alerts PLUS charitable trust.)
Roberto Pedone, based out of Pewaukee, Wis., is an independent trader who focuses on stocks, options, futures, commodities and currencies. He is also na outside contributor to Beconequity.com and maintains the website Maddmoney.net, which he sold to Blue Wave Advisors in 2008. Roberto studied International Business at The Milwaukee School of Engineering, and he spent a year overseas studying business in Lubeck, Germany.