A Plea for Better Prices

Cramer says he's willing to buy stocks from several sectors right now, but he wants better prices than we had on Friday.
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Where are all of the downgrade artists when you need them? Couldn't you go for a juicy downgrade of

Motorola

(MOT)

off the obvious failure of

Iridium

(IRID)

? Wouldn't it be great to get a downgrade of the brokers so you could get into them ahead of a great quarter? Ah, a

Coke

(KO) - Get Report

downgrade after a huge period of it doing nothing -- that would be sweet.

American Express

(AXP) - Get Report

? Please, please ax that from the buy list so I can get in.

And how about you strategists that hated the market 700 points ago, can't you please squawk something negative? And

Ralph Acampora

, can't you see 9000 before 10,000 to give us a chance to get back in?

When we have back-to-back plus-200

Dow

days and the tape looks as terrific as it did on Friday, I want to put more chips on the table. I want to be able to get in at better prices than we had on Friday, but I want to get in. I am willing to buy so many sectors right now since we seem to be blessed with the perfect economic backdrop -- good, solid growth with no inflation. That means there is lots of room for interest rates to go down and lots of room for multiples to expand.

As I have been saying, I continue to love the financials and the drug stocks, and I am willing to get bigger in telco and tech.

Berko

has headed out to the

Morgan Stanley

semi tech conference, and both of us feel that sector has spent so much time in the doghouse -- at least in dog years -- that there has to be something worth buying. Nothing hard and fast, but we think that bargains have been created by the PC slowdown. Of course, it is

Intel

(INTC) - Get Report

we are after, as we both want desperately to get back in, but Intel is not speaking at the conference, so any decision will be strictly by osmosis.

Oddly, what still turns me on is these consumer stocks. I bought them ahead of the

Merrill

conference, and other than Coke, all we heard were good things. That means, in this tape, let things ride, although I took the big gain in the

Morgan Stanley Consumer Index

, or CMR, calls that I shared with you. Mad I didn't tell you ahead of when I sold? Give me a break -- you did better than me if you held on anyway! Hoo-hah!!

Random musings:

Thought the papers did a little better in covering the animal spirits of Friday's rally. At least it didn't read like a down day! ... Serwer, oh of

Fortune.com

fame, be honest: How much of your online style did you crib from Cramu, or do I just like your column so much that I find myself imitating it sometimes? I know I would never go into March madness without reading your betting line.

James J. Cramer is manager of a hedge fund and co-founder of TheStreet.com. At the time of publication, his fund was long Motorola, though positions may change at any time. Under no circumstances does the information in this column represent a recommendation to buy or sell stocks. Cramer's writings provide insights into the dynamics of money management and are not a solicitation for transactions. While he cannot provide investment advice or recommendations, he invites you to comment on his column by sending a letter to TheStreet.com.