NEW YORK (TheStreet) -- TheStreet's Jim Cramer, co-manager of the Action Alerts PLUS portfolio, provided his take on what makes a technology stock a great investment. 

"I am a huge believer that there's only one kind of technology stock that's working," he began, "and that's a stock that embraces" social, mobile and the cloud. 

Today's tech stocks need to be on social media platforms like Facebook (FB) and Twitter (TWTR) and understand how to properly benefit their business from social media. These companies also must understand the power of interacting with consumers via these outlets. 

Today's technology companies also need to realize that not everything needs to be done on a desktop, he said.  

Consumers like to take their activities and their news with them, without being glued to the chair in front a monitor. Cramer highlighted how consumers can watch TV and sports games from their smartphone and tablet, as an example. 

Finally, he referred to companies such as Google (GOOG), an AAP portfolio holding, Facebook and Salesforce.com (CRM), which operate terrifically and effectively in the cloud business. 

"Notice how well those stocks have held up in this decline," he said, calling them "go to" stocks.

Why exactly have these stocks held up? Because they understand the cloud, while utilizing social and mobile platforms, Cramer concluded.

-- Written by Bret Kenwell in Petoskey, Mich.

Bret Kenwell currently writes, blogs and also contributes to Robert Weinstein's Weekly Options Newsletter. Focuses on short-to-intermediate-term trading opportunities that can be exposed via options. He prefers to use debit trades on momentum setups and credit trades on support/resistance setups. He also focuses on building long-term wealth by searching for consistent, quality dividend paying companies and long-term growth companies. He considers himself the surfer, not the wave, in relation to the market and himself. He has no allegiance to either the bull side or the bear side.

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