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I would look to begin trading it on the long side above $160.
A top expert on the space weighs in.
Jim Cramer focuses on Blackberry, Exact Sciences, Splunk, Freeport-McMoRan and more.
Jim Cramer says it's more than just the cloud. There are some astounding moves in the broader tech sector, too.
Cabot has the lowest finding costs, is the cheapest and best stock in the group, Cramer said.