RealMoney Radio Mailbag: Palm d'Or

A listener learns why Cramer would stick with this pure play on smartphones.
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Editor's note: The following are questions received from listeners of "RealMoney Radio." To send Cramer a question about topics from his radio show, click here. Listen to Cramer's latest radio show by clicking here.

Do you believe Palm (PALM) will bounce back from here?-- Ed from Colorado

Jim Cramer

: I believe Palm could trade sideways in the near term due to all the uncertainty created by competition from

Motorola

(MOT)

. However, six to 12 months from now, I believe this stock will trade much higher than where it is today. True, competition is heating up in the smartphone business, but the category is rapidly growing within the 800-plus-million-units-per-year mobile phone market. Palm is a pure play on that growth.

Do you believe Goldman Sachs (GS) - Get Report will benefit from its CEO Henry Paulson's appointment as Treasury secretary?-- Anthony from New York

Jim Cramer

: This announcement is very good for the Goldman brand name, but I do not see it impacting Goldman's actual financial results. Actually, Goldman's role in the

Kinder Morgan

(KMI) - Get Report

management buyout, which was announced yesterday, is really what investors should be looking at. It is yet another example of the company's deal-making prowess.

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At the time of publication, Cramer had no positions in the stocks mentioned.

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