Jim Cramer's Stop Trading: MSFT CSCO INTC

NEW YORK (TheStreet) -- With all three indices pressing lower on Friday morning, TheStreet's Jim Cramer, co-manager of the Action Alerts PLUS portfolio, pointed out the strength in shares of Microsoft (MSFT) on CNBC's "Cramer's Stop Trading" segment. 

Microsoft, Cisco Systems (CSCO) and Intel (INTC) are all low-valuation technology stocks with solid dividend yields. 

Cramer said these stocks continue to hold up well as fund managers and investors continue to rotate into them, and out of the "high-flying" momentum stocks. 

He added that until the "old technology" stocks stop moving higher, selling in momentum stocks will continue. So far this "reversion" has not yet occurred. 

However, Cramer warned, "there's going to be a stand made here today" and the momentum stocks could finally start to find some support. 


-- Written by Bret Kenwell in Petoskey, Mich.

At the time of publication, Cramer's Action Alerts PLUS had no position in companies mentioned.

More from Opinion

Nasdaq Exec: Exchange Is 'All-In' on Using Blockchain Technology

Nasdaq Exec: Exchange Is 'All-In' on Using Blockchain Technology

Sears CEO Eddie Lampert Looks Like He Is Sucking Company Dry

Sears CEO Eddie Lampert Looks Like He Is Sucking Company Dry

It's Dumb to Think Legalizing Weed Is Still a Political Issue

It's Dumb to Think Legalizing Weed Is Still a Political Issue

AAP Exclusive: Cramer Says The President is No Longer on the Side of the Bulls

AAP Exclusive: Cramer Says The President is No Longer on the Side of the Bulls

Why It Makes Perfect Sense for Netflix and Amazon to Buy Up Movie Theaters

Why It Makes Perfect Sense for Netflix and Amazon to Buy Up Movie Theaters