Check out Jim Cramer's latest trading recommendations on "Action Alerts Plus".


NEW YORK ( TheStreet) -- What stocks should investors be buying when the fiscal cliff issues are resolved? Jim Cramer told Lindsey Bell at TheStreet.com Monday that he'd consider Cisco ( CSCO) after the company made yet another smart acquisition in the cloud space and delivered great earnings.

Cramer said shares of Cisco should have been up more when the company reported earnings, but reactions were muted due to events in Washington.
>>> On Tuesday, November 20 at 6pm ET, TheStreet will host a Trade Credit Insurance webinar with Todd Lynady, Senior Underwriter for Zurich in North America and Mike DeLuca, Senior Partner of One Source. Register now.

When you look closely at Cisco's earnings, the company is simply taking share from rivals Hewlett-Packard ( HPQ) and Juniper Networks ( JNPR). When the fiscal cliff problems get solved, Cramer said, there should be more enterprise and government spending to go around.

To sign up for Jim Cramer's free Booyah! newsletter, with all of his latest articles and videos, please click here.

-- Written by Scott Rutt in Washington.

To email Scott about this article, click here: Scott Rutt

Follow Scott on Twitter @ScottRutt or get updates on Facebook, ScottRuttDC

More from Opinion

3 Warren Buffett Stock Picks That Could Be Perfect for Your Retirement Portfolio

3 Warren Buffett Stock Picks That Could Be Perfect for Your Retirement Portfolio

Wednesday Wrap-Up: GE and Facebook

Wednesday Wrap-Up: GE and Facebook

PayPal Strikes Again, Facebook, and AT&T -- 3 Tech Stories You Must Know

PayPal Strikes Again, Facebook, and AT&T -- 3 Tech Stories You Must Know

How to Invest Like Warren Buffett

How to Invest Like Warren Buffett

50 Stocks That Could Be Shredded If a U.S. Trade War With China Ignites

50 Stocks That Could Be Shredded If a U.S. Trade War With China Ignites