"My instincts right now are to declare victory," said Jim Cramer on his
"RealMoney" radio show Friday, referring to what he calls the
This complex refers to companies that enable data, Internet, voice and song files to be brought to you on a handheld machine.
While he wants to say that the move isn't over, Cramer said that if you bought any of the stocks in the complex when he recommended them, it's time to take something off the table.
These stocks include
, Broadcom, Marvell and
So why does he want people to do some selling if he likes the stocks? He said it's because he remembers the lessons of 1999 and 2000, when people made amazing gains on paper and then saw them erased.
He's not saying to sell all of your position, but just that it's time to take some off the table and put it into your bank account so that it's a real profit, not just a gain on paper.
"We must never let a profit turn into a loss. We must never be afraid to pay the taxman. We must never lose our discipline that says great gains must be taken," Cramer said.
When listeners stump Cramer with stocks he doesn't know, he can't give them a thumbs up or down until they are thoroughly vetted by
Stocks Under $10 writers, Will Gabrielski and Michael Comeau.
Comeau and Gabrielski also write the site's
newsletter. They researched the companies that were offered up by callers during the "Stump Cramer" round on
Thursday's radio show.
Gabrielski said that packaging company
, is a good company, but that he wasn't happy with its growth story.
It's doing about $55 million a quarter in revenue and making money, Gabrielski said, but Multi-Color is also making acquisitions that are inflating growth.
Plus, he said the stock is thinly traded, with only 8,000 shares trading hands a day, so buying a lot of the stock could easily bid up its price.
If the company's growth slows, Gabrielski said investors could step away from the story.
Comeau said that
, which makes sonic weapons that could be of interest to law enforcement agencies, may not survive.
It doesn't have a lot of cash and it's not doing much in sales, Comeau said.
, a regional bank in the Northeast, Gabrielski said he couldn't recommend it because it barely trades at all. He said that on some days, as few as 100 to 200 shares trade.
Cramer wanted to know what his guests thought about
, a stock that he thought could be a potential breakout stock.
Gabrielski said that Cypress is a winner because it owns 85% of
, a company that he said reported a blowout quarter that drove the stock up 7 points.
And Cypress shares haven't caught up yet, but they will, he said.
In his "Fixing a 401(k)" segment, a listener said he was thinking about trading in one of his retirement investments and putting the money into an energy fund.
Cramer said that undiversified mutual funds, like oil funds, are only for trades. He said that for something as important as retirement, he would recommend a diversified index fund like
Cramer would recommend Fidelity Contrafund as long as it is run by Will Danoff.
A caller wanted to know why
was down so much after it reported upbeat earnings.
Cramer said this was garden-variety profit-taking after a huge run-up in the stock. He added that he would be tempted to buy more shares at this level.
pullback is a little more complex, he said, because it's attributable to the fact that the company has to undergo a difficult product transition.
The company is trying to meet demand and get
chips into its machines. Cramer owns Intel for his
Action Alerts PLUS charitable trust.
According to an analyst at
, changing the product line over will mean that the quarter won't be great, so this could be an opportunity to pick up some shares while the stock is down so much, said Cramer.
But Cramer wouldn't buy his entire position at once, rather he would start by buying just a little at a time.
He said that he, too, has been disappointed in
performance and that he was too enthusiastic about the company after it had already gone up.
Even though it could be a good stock over the long term, Cramer isn't a big fan anymore. The stock didn't go up when oil hit $68 again, even though other alternative energy plays did. Cramer would sell the stock.
Cramer was bullish on:
Tanger Factory Outlet Centers
Cramer was bearish on:
Chipotle Mexican Grill
At the time of publication, Cramer was long Intel.
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. To see his personal portfolio and find out what trades Cramer will make before he makes them, sign up for
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