Cramer noted that AT&T's ( T) CEO Randall Stephenson was using words like "strong" to describe the quarter, even though he's "not given to hyperbole." Cramer described AT&T's second quarter as "a great quarter ... and thank you Steve Jobs!" he was referring to the company's exclusive carrier deal for Apple's ( AAPL) popular iPhones. Despite Apple's recent iPhone4 antenna problems, Cramer continues to believe that Apple CEO Steve Jobs is a "genius." "You cannot stop the iPad," Cramer added. Even though he continues to like Research In Motion ( RIMM), Cramer wonders whether RIMM would eventually be "Nokiad," ( NOK) by Apple. Tech stocks that Cramer recommended Thursday include F5 Networks, ( FFIV) as the need for high-speed internet grows; salesforce.com ( CRM) -- as the popularity of cloud computing increases -- "that stock's going much, much higher," he said. Another recommendation was VMware, ( VMW) which is hardware that allows cloud computing, he said.
NEW YORK ( TheStreet) -- On his Thursday Stop Trading! segment on CNBC, Jim Cramer said that Thursday's stronger market was being driven by strong Dow earnings.
Cramer's Stop Trading!: Goldman Sachs
|Click here for Cramer's Tuesday Stop Trading! segment |
Twitter and become a fan on Facebook.