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The technology sector is a "safe haven" from subprime, Jim Cramer told viewers of his "Mad Money" TV show Monday. In fact, tech should benefit from all of the worry that's afflicting the financials.

Historically people start investing in tech during the fall, but Cramer doesn't believe that people should wait. Therefore, all week Cramer is giving people his favorite tech stocks.

On Monday, he named SanDisk ( SNDK) as his tech winner.

With back-to-school and holiday sales coming up, there is huge upside potential at SanDisk, Cramer said. People buy computers every fall and before the holidays, but manufacturers start building their products in August, he explained.

And what does a computer company that builds computers need? Cramer asked. Computer parts. That is why he believes that people should consider getting into SanDisk now. "If you wait, you will miss the big move," he Cramer told viewers.

Another reason to get into SanDisk is that it makes flash technology, the "hottest" product in tech right now, he said. SanDisk is the world's largest supplier of flash data-storage-card products.

Flash had yet to seem reliable enough to be the No. 1 way to store digital information -- until last week, when it finally emerged as better than hard drives, Cramer said.

Last week, SanDisk reported earnings of 30 cents a share, 14 cents above consensus estimates. While that's "nothing to scoff at," the company also said its new flash memory-enabled products should create a strong demand for SanDisk's business in the second half of 2007, all the way into 2008.

"The time is right to buy tech, and the time is even 'righter' to buy SanDisk," Cramer said.

Where to Bulk Up on Shippers

Cramer hasn't liked dry bulk shipping stocks, but he's ready to admit that he got shipping wrong. Now, after doing his homework, Cramer said, he's prepared to explain why he likes boats and which of these stocks people should buy.

All shipping sectors are "hot" right now, but dry bulk shipping is "especially strong," Cramer said.

There are three types of ships that carry bulk cargo. There are container ships, such as Seaspan ( SSW - Get Report), which is a "great" play on China, he said. Then there are the tankers. Here Cramer said he likes General Maritime ( GMR) and Frontline ( FRO).

Finally, there are the dry bulk shippers, he said. Dry bulk shipping is "hot" because of globalization, with iron ore and coal being shipped between countries in increasingly high amounts, Cramer explained.

Shipping companies get paid by the day, he said, so the longer the trip, the more revenue they earn. In addition, because the margins on building the dry bulk carriers are low, companies don't expand their fleet. This is turn enables the carriers to charge higher rates because of high demand and low supply, Cramer said.

Looking at the Baltic Exchange Dry Index, which he said he uses to evaluate dry bulk shippers, Cramer said people can see that carrier rates have doubled in the last few years.

The trick with dry bulk carrier stocks is to get in before they announce their dividend, Cramer said. "The Street tends to ignore shipping companies that don't pay or don't yet pay a dividend."

Market players have to find companies that have yet to declare a good dividend and get in before that, he said. How do people do that?

"The shipping industry culture is to pay dividends," Cramer explained. Shippers are "classic big dividend" stocks, so if such a stock doesn't have a dividend yet, it's likely only a matter of time before it announces one.

Two dry bulk shippers that Cramer believes people should be looking at are OceanFreight and Star Maritime ( SEA - Get Report).

Neither company pays dividend, but both are "solid" plays, he said. However, people should only invest in these stocks if they buy them carefully -- up no more than 25 cents from their current prices, Cramer said. And use limit orders, he reminded viewers.

Star Maritime closed the regular session at $13.24; OceanFreight closed at $22.61 Monday.

Arch Revival

Cramer welcomed Arch Coal ( ACI) CEO Steven Leer to the show and asked how patient an investor can be with Congress saying that coal should be banned as a fuel.

"Coal supplies 50% of our energy and electric generation, and that number is projected to grow," Leer said.

Also, although coal has always been sold as a discount to oil, in the end the country and the world need more energy and will call on oil, natural gas and coal to meet demands, he said.

Cramer said he knows coal stocks haven't worked, but he's sticking by ACI because "who's to say that out-of-favor energy stocks won't come back?"

To view Cramer's interview with Steven Leer, please click here.

During the "Sudden Death" round, Cramer was bullish on First Solar ( FSLR) on a pullback.

Lightning Round

Cramer was bullish on Oracle ( ORCL), Reliance Steel ( RS), Transocean ( RIG), GlobalSantaFe ( GSF), Consolidated Edison ( ED), Altria ( MO), Flotek Industries ( FTK), Schlumberger ( SLB), Goldman Sachs ( GS), Brookfield Asset Management ( BAM), AT&T ( T) and Valmont Industries ( VMI).

Cramer was bearish on Symantec ( SYMC), Hercules Offshore ( HERO) and Halliburton ( HAL).

For more of Cramer's insights during the Lightning Round, click here .


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At the time of publication, Cramer was long Transocean, Altria and Goldman Sachs.

Jim Cramer, host of the CNBC television program "Mad Money," is a Markets Commentator for TheStreet.com, Inc., and CNBC, and a director and co-founder of TheStreet.com. All opinions expressed by Mr. Cramer on "Mad Money" are his own and do not reflect the opinions of TheStreet.com or its affiliates, or CNBC, NBC UNIVERSAL or their parent company or affiliates. Mr. Cramer's opinions are based upon information he considers to be reliable, but neither TheStreet.com, nor CNBC, nor either of their affiliates and/or subsidiaries warrant its completeness or accuracy, and it should not be relied upon as such. Mr. Cramer's statements are based on his opinions at the time statements are made, and are subject to change without notice. No part of Mr. Cramer's compensation from CNBC or TheStreet.com is related to the specific opinions expressed by him on "Mad Money."

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