Skip to main content
Two Picks for the Next Big Tech Rally

Two Picks for the Next Big Tech Rally

Citrix and Network Appliance are hard to keep down.
  • Author:
  • Publish date:

Citrix and Network Appliance are hard to keep down.

This column was originally published on RealMoney on April 13 at 2:35 p.m. EDT. It's being republished as a bonus for TheStreet.com readers.

Hard to keep a couple of stocks down:

Citrix

(CTXS)

and

Network Appliance

(NTAP)

. These two have real visibility, lots of new products and are integral to the next generation of software and storage. I typically don't like to buy the real highfliers because they tend to be really expensive vs. their growth rates, but these have some genuine multi-year positives going for them.

If you have ever used any of Citrix's products -- I've used its remote-access product for radio for years -- you know you have a gem on your hands. I got caught up in this stock in the 1990s when

Microsoft

(MSFT)

was supposed to have a competitive product. I rode it all the way down, buying on the way down and when I got back to even I blew it out; I had had enough. Stupid; Mister Softee never challenged Citrix, and I believe the franchise is now unassailable.

Network Appliance is strictly

best-of-breed storage software. I haven't cottoned to this group in ages, in part because of the

Brocade

(BRCD)

slide and how hideous that was and in part because

Computer Associates

(CA)

and

EMC

(EMC)

have bulked up in this area and it has done nothing for them. Not so Network Appliance, which I own for

Action Alerts PLUS.

Watching these two stocks bump up against their 52-week highs after a quick pit stop a point or two below, I have to believe it's a pretty strong statement of what's going to work and work big during the next big tech rally.

P.S. from TheStreet.com Editor-in-Chief, Dave Morrow:

It's always been my opinion that it pays to have more -- not fewer -- expert market views and analyses when you're making investing or trading decisions. That's why I recommend you take advantage of our

free trial offer

to TheStreet.com's

RealMoney

premium Web site, where you'll get in-depth commentary

and

money-making strategies from over 50 Wall Street pros, including Jim Cramer. Take my advice --

try it now.

At the time of publication, Cramer was long Network Appliance and Microsoft.

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

Action Alerts PLUS. Listen to Cramer's RealMoney Radio show on your computer; just click

here. Watch Cramer on "Mad Money" at 6 p.m. ET weeknights on CNBC. Click

here to order Cramer's latest book, "Real Money: Sane Investing in an Insane World," click

here to get his second book, "You Got Screwed!" and click

here to order Cramer's autobiography, "Confessions of a Street Addict." While he cannot provide personalized investment advice or recommendations, he invites you to send comments on his column by

clicking here.

TheStreet.com has a revenue-sharing relationship with Traders' Library under which it receives a portion of the revenue from Traders' Library purchases by customers directed there from TheStreet.com.