Editor's Note: Jim Cramer's column runs exclusively on RealMoney.com; this is a special free look at his column. For a free trial subscription to RealMoney.com, click here. This article was published Dec. 5 on RealMoney.



(IBM) - Get Report

. I think this stock could be the tell for where this market can go. IBM is the consummate cyclical tech name with great products and a terrific pedigree -- and a low price-to-earnings ratio.

IBM has, in the vernacular of the bulls, $6 in earnings power. It is reasonable to think that IBM can get a 25 multiple for those earnings.

In other words, it is reasonable that IBM can go to $150. I think this stock has played a leadership role off the bottom in September, having bottomed at $90 at the same time that the market bottomed. This stock has everything the bulls need in a company: earnings power, buyback, interesting new products and leverage to a recovery.

As long as this stock is moving up I don't want to get off this bull, and I don't care how much bucking and goring will be done in the ensuing drive to $150.

Those of you who like to watch stocks as tells, this should be your No. 1 tell. If it rolls over, you are going to have to be careful.

As long as it is "all systems go" to $150, though, you want to be longthis market.

James J. 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. At the time of publication, Cramer was long IBM. While he cannot provide personalized investment advice or recommendations, he invites you to send comments on his column to