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



. 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.

Jim Cramer is a director and co-founder of He contributes daily market commentary for's sites and serves as an adviser to the company's CEO. Outside contributing columnists for and, 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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