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Ciena has agreed to pay $521 million in cash and stock for the optical and Ethernet divisions of failed tech giant Nortel.
Cramer said the chipmaker has been making all the right moves.
Cramer says investors can take advantage of the pullback to buy the stocks in his Mobile Internet Tsunami Index. Click for news from Jim Cramer.
Spectra Energy Partners appoints Theopolis Holeman, J.D. Woodward to board of directors
Earnings roundup: Kraft 1Q profit climbs, Spectra Energy income slides on commodity prices
Spectra Energy 1st-quarter profit falls 19 percent on commodity price weakness
S&P lowers outlook on Spectra Energy citing potential cash flow problems
Analyst downgrades Spectra Energy on natural gas liquids price weakness, stock rise
Spectra Energy chief received $4.8 million in 2008 compensation, down 22 pct from prior year
With the industry's dim prospects under an Obama administration, Cramer told viewers to scale out of coal stocks.
Infrastructure funds tend to perform well versus the S&P 500 in both down and up markets.
Hybrid funds give investors exposure to equities but provide protection with bonds.
Neonatal companies stand to make more money under the new Medicare bill, Cramer says.
Invest in recession-proof stocks that pay high dividends, Cramer says.
The maker of construction equipment is a buy, Cramer says.
The investment services company deserves to go higher, Cramer says.
Check out the latest stocks to reward investors with a raised dividend.
Let the tractor maker come in some after its big run, Cramer suggests.
The maker of light-emitting diodes posts better-than-expected first-quarter results.
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