NEW YORK (TheStreet) -- Jim Cramer fills his blog on RealMoney every day with his up-to-the-minute reactions to what's happening in the market and his legendary ahead-of-the-crowd ideas. This week he blogged on:
- The Microsoft-Salesforce partnership, and
- The benefits of a good, not booming, economy.
Click here for information on RealMoney, where you can see all the blogs, including Jim Cramer's -- and reader comments -- in real time.
A Pleasantly Shocking Team-Up
Posted at 11:44 a.m. EST on Friday, May 30, 2014
Old tech vs. new tech? Which will win out in this titanic struggle as we head into the final month of a new quarter?
Many individuals who are new to the market may not understand that portfolio managers look at huge technology through a bifurcated prism. On the one hand, there are the companies they grew up with -- Intel (INTC), Microsoft (MSFT), Micron (MU), Oracle (ORCL), Seagate (STX), Western Digital (WDC), Texas Instruments (TXN) andHewlett-Packard (HPQ), IBM (IBM) and, of course, Apple (AAPL).
Then there are all of the companies that have sprung up in what some consider Internet 2.0, but which I believe just represent new-wave technology -- companies that recognize that the future lies in your handheld and all that can be accomplished on it. Many of these companies go by the rubric of software-as-a-service, and among these are such names as Concur Technologies (CNQR), Workday (WDAY) and Salesforce.com (CRM). Others are e-commerce-enabled companies, like Yelp (YELP) or Zillow (Z). Still others, like Tableau (DATA) and Splunk (SPLK), analyze big data.