Jim Cramer's Portfolios of the Week

Recently, Cramer found opportunity in his top tech stocks, new leadership stocks and more.
Author:
Publish date:

By Roberto Pedone

WINDERMERE, Fla. (

Stockpickr

) -- According to Jim Cramer, you can trust this market

about as far as you can throw it

. In a July 22 blog post, he said that tomorrow morning he will turn on his machine and the SPX futures could be up half a percent or down half a percent.

Cramer thinks the market is completely random right now. He pointed out that if oil falls, then market commentators will scream double dip. Cramer mentioned that then someone will come out and say that copper has topped. Then someone will mention shadow home inventory. Someone will then downgrade the semis.

Cramer said he doesn't think all of this can happen, but he does think some of it can. This is why he remains a seller into the strength that we saw at the highs today.

Recently, Cramer found opportunity in his top tech stocks, new leadership stocks and apparel stocks that could short squeeze. Here are some Cramer highlights from over the past week as aggregated from his "Mad Money" TV show, the "Stop Trading!" segment on

CNBC

and his

RealMoney

blog posts. (These blog posts might require a

RealMoney

subscription.)

Cramer's Top Tech Stock Picks

: Following

AT&T's

(T) - Get Report

excellent quarter, which was driven largely by the iPhone, Cramer recommended his top tech stocks. On

Wednesday's "Stop Trading" segment,

he said that when investors think of faster Internet,

Akamai Technologies

(AKAM) - Get Report

probably comes to mind first. But they should focus on

F5 Networks

(FFIV) - Get Report

instead. The

Cramer's Top Tech Stock Picks

portfolio includes

VMware

(VMW) - Get Report

and

Salesforce.com

(CRM) - Get Report

.

Cramer's Market Winners

: Cramer believes that innovative CEOs at companies such as

Eaton

(ETN) - Get Report

and

Caterpillar

(CAT) - Get Report

have created today's market winners. In a

July 22 blog post,

he wrote: "As for

Airgas

(ARG)

, CEO Peter McCausland takes a local cyclical gas company -- local for me, I am from Philadelphia -- into one of the largest secular industrial gas companies in the world and outperforms just about every company in the

S&P 500

by doing so." The

Cramer's Market Winners

portfolio includes

Apple

(AAPL) - Get Report

and

Stanley Black & Decker

(SWK) - Get Report

.

Cramer's Shift-in-Market-Leadership Stocks

: Cramer thinks the market is being lead by new stocks such as

Pepsi

(PEP) - Get Report

and

Harley-Davidson

(HOG) - Get Report

. In a

July 22 blog post,

he wrote: "We have a ton of companies away from tech that are trying to make a move, the

United Technologies

(UTX) - Get Report

and the

Freeport-McMoRans

(FCX) - Get Report

-- those are signs of health." The

Cramer's Shift-in-Market-Leadership Stocks

portfolio includes

Goldman Sachs Group

(GS) - Get Report

and

Weatherford

(WFT) - Get Report

.

Cramer's Short-Squeeze Apparel Stocks

: Cramer thinks the shorts are scrambling to cover their positions in apparel stocks such as

V.F. Corp

(VFC) - Get Report

and

Under Armour

(UA) - Get Report

. In a

July 22 blog post,

he wrote: "Look at them covering the

Deckers Outdoor

(DECK) - Get Report

short and scrambling on

Coach

(COH)

." The

Cramer's Short-Squeeze Apparel Stocks

portfolio includes

Nike

(NKE) - Get Report

and

Phillips-Van Heusen

(PVH) - Get Report

.

Cramer's Euro Bounce Stocks

: Recently, Cramer highlighted stocks that could bounce off the rebounding euro. On

Monday's "Mad Money" TV show,

he said the name of the game is overseas profits, and that's perfect for companies like

Philip Morris

(PM) - Get Report

, which derives 100% of its profits from overseas, and sports a solid 4.6% dividend yield. The

Cramer's Euro Bounce Stocks

portfolio includes

Colgate-Palmolive

(CL) - Get Report

.

-- Written by Roberto Pedone in Winderemere, Fla.

RELATED LINKS:

>>"Fast Money" Portfolios of the Week

>>Must-See Charts: Bank of America, Cisco

>>Benefit From Ford's Resurgence With Warrants

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(Editor's note: At the time of publication, Cramer owned Weatherford, Apple and Stanley Black & Decker for his Action Alerts PLUS charitable trust.)

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