is the place to be in now through the end of year, Jim Cramer said on his
"RealMoney" radio show Tuesday.
Don't be put off by Tuesday's red tape. "The Nasdaq was due for a breather after being up seven straight days," he said.
Although the Nasdaq "could go down another three quarters of a percent," Cramer believes that people need to "buy dips in hot areas" and "start picking away at tech, which is hot."
At the Goldman Sachs conference
CFO Sue Decker made comments about how this quarter could be soft for the company and how it's had problems with auto and financial ads.
However, Cramer believes that Yahoo!, which he owns for his charitable trust,
Action Alerts PLUS, is "being conservative" with its comments about how its earnings will be in the lower end of the range.
"Sue Decker has been consistently negative about the company's expectations as of late," he said. "She is trying to tamper expectations."
Yahoo! is "very much a 2007 story," Cramer went on to say, adding that he believes the company will have a new search engine. Cramer is not worried about Yahoo!, even though it is not a cheap stock, because he believes that "there is more room in the Internet space than just
Later today, the market will hear from
, he said. Even though it might or might not beat its estimates, Cramer said he is not worried about Oracle.
"When people think a company may not make its number, if it does, the stock goes up; and if it doesn't, it stays where it is," he said.
has been down "very badly" the last few sessions, people assume that the company might be doing something wrong, Cramer said.
But, really Ford is "doing everything you could possibly want" in an effort to save the company, he said.
"I say, give this guy Alan Mulally some time," Cramer said. After all, he just came in, and the first blush of what has been going on at Ford is very positive, he said.
Jumping off Ford or
is not a good idea, Cramer said.
To see the most recent edition of The RealMoney Radio Recap in its entirety, please click here. This recap is published every day around 3 p.m. ET.
At the time of publication, Cramer was long Yahoo!.
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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