On Thursday's "Mad Money" show, Jim Cramer told viewers that the pullback could be over because tech starts, which started the rally in March, are back and could lead the rest of the market higher.
are all buys and should be heading higher due to increased spending in the tech sector.
On Friday, Tekelec gained 40 cents, or 2.6%, to close at $15.98; Ciena added 4 cents to $9.59; and Starent added 3 cents to $18.48.
is still a sell, said Cramer, and he cautioned viewers not to be tempted by the insurer's huge fall and apparent turnaround. He said even though the stock is up 17% this year, things could turn sour again. "It can always get worse," he said.
On Friday, AIG lost 12 cents, or 6.5%, to close at $1.72.
One stock that could be ready to make a comeback is
, Cramer said. He credited new CEO Carol Bartz and the global advertising recovery with making Yahoo! a buy after years of trouble.
On Friday, Yahoo! closed up 15 cents, or 1%, to $14.91.
Also getting thumbs up from Cramer was
Nordic American Tanker
, which he said had tremendous value. He praised the company's average dividend of 15.1% and said it's a buy at up to $36 a share.
On Friday, Nordic American Tanker closed up 92 cents, or 2.9%, at $33.91.
, Cramer said he'd get into
at $17 to $18 a share but "wouldn't pay any more for it."
On Friday, Ingersoll-Rand added 15 cents to close at $20.55.
At the time of publication, Cramer had no positions in stocks mentioned.
Jim Cramer is a director and co-founder of TheStreet.com. He contributes daily market commentary for TheStreet.com's sites and serves as an adviser to the company's CEO. Outside contributing columnists for TheStreet.com and RealMoney.com, including Cramer, may, from time to time, write about stocks in which they have a position. In such cases, appropriate disclosure is made. To see his personal portfolio and find out what trades Cramer will make before he makes them, sign up for
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