Our game consoles, phones and gadgets are all offering features that require tons of storage space, from thousands of songs to multiple DVDs, said Jim Cramer on his "RealMoney" radio show Monday. That's why he believes that it's time to focus on the class of the memory field, meaning the stocks that will benefit from the new storage needs that our devices require. He said to take a look at short-term memory maker SanDisk ( SNDK), a stock that has been "clobbered." It can't store 25 movies, but it can store a lot of songs and bits of data, Cramer said, adding that it's thin film memory, not hard drive. He said that Micron Technology ( MU) has also lagged, but he believes that current storage needs will give the company a lift. And he said that the two hard-drive memory plays are Western Digital ( WDC) and Seagate Technology ( STX). "These are not short-term trades," Cramer said. A caller wanted to know Cramer's take on TriQuint Semiconductor ( TQNT), a maker of analog and mixed-signal integrated circuits. "The guts of a cell phone," Cramer said. Cramer said that even though TriQuint has proprietary technology, there are competitors. And the competition makes him worry because it means that prices could be pushed lower. That's another reason he likes Micron and SanDisk, companies that along with Lexar Media ( LEXR), don't face much competition in their part of the storage market. Cramer said there are too many players in its market to endorse TriQuint.
War, though difficult and destructive, has generated some amazing advances for civilian use, Cramer said, including many new developments in medicine. Cramer cited a USA Today article that looks at products created in war clinics. And that made him think of DJ Orthopedics ( DJO), a maker of surgical and nonsurgical products that include knee and ankle braces, as well as the Aircast.