Skip to main content

What Jim Cramer Realized After Interviewing Cisco CEO Chuck Robbins

Author:
Publish date:
Video Rating:
TV-G
Video Duration:
1:24

"We have to find companies that aren't what they were." 

That was Jim Cramer's takeaway following an interview with Cisco  (CSCO) - Get Cisco Systems, Inc. Report CEO Chuck Robbins Thursday, August 19, referring to Cisco's transition from a hardware to a software company.

Cramer said that innovation and re-imagination are critical criteria when choosing new stocks for his Action Alerts PLUS portfolio as well as reevaluating the existing names. 

"I want companies to reinvent," Cramer said. 

So which names fit the bill? Costco  (COST) - Get Costco Wholesale Corporation Report, Nucor  (NUE) - Get Nucor Corporation Report, Advanced Micro Devices  (AMD) - Get Advanced Micro Devices, Inc. Report and Macy's  (M) - Get Macy's Inc Report were among the stocks catching Cramer's notice on August 19. 

"I want companies that are different -- companies that we thought were the same, but are different," Cramer said. 

Don't miss Cramer's August Action Alerts PLUS investing club call where Cramer reveals his latest worldview, reviews the entire AAP portfolio with senior analyst Jeff Marks and, most importantly, answers your questions.

Not a member of Action Alerts PLUS? Here's how to join

Related Videos