Mad Money Cramer Time To Buy Apple?

On the day that Cyberspace-search company

Google

(GOOG) - Get Alphabet Inc. Course C Report

closed above $300 for the starting time fourth dimension, Jim Cramer said on

CNBC's

"Mad Money" that the stock has more room to ascension.

"The bottom line is Google is non done," Cramer said. He said Google had a "weigh-station end" at $300, only he believes the stock will reach $350 a share. "Google is cheap," he said. "Stocks trade on growth. And there is no company that has the growth that Google has."

In response to a question from a caller, Cramer said he thinks "many people are selling

Yahoo!

(YHOO)

to buy Google." He as well spoke positively about

Intel

(INTC) - Become Intel Corporation Report

,

Microsoft

(MSFT) - Get Microsoft Corporation Written report

TheStreet Recommends

and

Cisco

(CSCO) - Get Cisco Systems, Inc. Written report

, saying that "in the second one-half of the year tech has always come back."

Still, Cramer was downbeat on

IBM

(IBM) - Get International Business Machines Corporation Study

, saying it wasn't the tech stock to own.

Abroad from the technology sector, Cramer said he was positive on

Boeing

(BA) - Get Boeing Visitor Report

,

St. Jude Medical

(STJ)

,

Constellation Brands

(STZ) - Get Constellation Brands, Inc. Class A Report

and

Treehouse

, a pending spinoff from

Dean Foods

(DF) - Become Dean Foods Company Report

. With Treehouse, he recommended investors wait for three days after the stock goes public to buy information technology, considering at the start the shares could see forced selling by coin managers who track the

S&P 500

.

Another caller asked if she should consider

Cadbury Schweppes

(CSG)

, but Cramer said

Pepsi

(PEP) - Get PepsiCo, Inc. Study

was better. "Those who desire a beverage company should look no farther than Pepsi," he said.

In the lightning circular, Cramer said he liked

Odyssey Re

(ORH)

,

XTO Energy

( XTO),

Timberland

( TBL),

Nike

(NKE) - Get NIKE, Inc. Class B Report

,

Novatel

(NVTL)

,

TurboChef

( OVEN) and

Lucent

( LU).

Too getting upbeat comments were

McAfee

( MFE),

Deere

(DE) - Get Deere & Company Report

,

Bowater

( BOW),

Calpine

(CPN)

,

Disney

(DIS) - Get Walt Disney Visitor Report

,

Marvell Applied science

(MRVL) - Go Marvell Technology, Inc. Written report

,

Broadcom

undefined

,

Texas Instruments

(TXN) - Go Texas Instruments Incorporated Report

,

National Semiconductor

(NSM)

,

Tesoro

(TSO)

,

Lockheed Martin

(LMT) - Get Lockheed Martin Corporation Report

,

Northrop Grumman

(NOC) - Get Northrop Grumman Corporation Written report

,

Alliant Techsystems

(ATK)

,

Enterra Energy

(EENC)

and

Sears Holdings

(SHLD)

.

Cramer offered bearish opinions on

Archer Daniels Midland

(ADM) - Get Archer-Daniels-Midland Company Report

,

NitroMed

( NTMD),

Powerwave Technologies

(PWAV)

,

Cognos

( COGN),

Audible

( ADBL),

Wind River

( WIND),

Presstek

( PRST),

Johnson Controls

(JCI) - Go Johnson Controls International plc Report

,

Orbital Sciences

(ORB)

,

Verizon

(VZ) - Get Verizon Communications Inc. Study

,

Regeneron Pharmaceuticals

(REGN) - Get Regeneron Pharmaceuticals, Inc. Report

,

Dreamworks

(DWA)

,

Nordic American Tanker

(NAT) - Go Nordic American Tankers Express Report

,

Aspect Communications

(ASPT)

,

Redback

( RBAK),

Kana

(KANAE)

and

Ameritrade

(AMTD) - Get TD Ameritrade Holding Corporation Report

.

Additionally, Cramer said he still likes the homebuilders, including names like

Lennar

(LEN) - Get Lennar Corporation Course A Study

,

Toll Brothers

(TOL) - Get Toll Brothers, Inc. Report

and

KB Abode

(KBH) - Get KB Home Study

.

Fri, June 24

Applied science shares are poised to rally while oil and health care stocks are probably "washed going down" subsequently a ii-day drubbing that lopped 2.7% off the

Dow

, Jim Cramer said on

CNBC's

"Mad Money" Friday night. Cramer warned confronting energy-reliant cyclical companies.

"The terminal two days, engineering science did better than cyclicals. That will be the blueprint from hither," Cramer said. "I switched my plan this week. I'm tired of making money in retail. Information technology's time to have that money and put information technology in engineering."

Cramer said too much optimism brought downwards the market this calendar week every bit psychology got ahead of fundamentals.

"The market is getting killed considering there'due south too many bulls. When everyone'due south so bullish, there'southward nobody left to convert," he said. "Everyone who wants to be in, is already in. The shorts were forced to embrace earlier. They tin't be the safety net that they could be earlier."

Still, the activeness in some sectors is better than others.

"We started seeing at the end of the week that companies that don't employ a lot of oil were bottoming while companies that practise

kept falling."

To harvest the coming upside, Cramer told viewers to "finish whining" about IT outsourcing and consider buying companies that tin sell technology services cheaply, specially ones based in India.

The concern model works in a global economy considering "wherever there are phone lines, you tin can outsource brainpower." Cramer prefers India to China because its information services infrastructure is already mature and the country doesn't take as many political headaches.

Cramer highlighted 3 names in the infinite,

Cognizant

(CTSH) - Go Cognizant Technology Solutions Corporation Class A Report

,

Wipro

(WIT) - Get Wipro Ltd. Written report

and

Infosys

( DNA).

"Infosys is the pure play and information technology's the one I would run with," he said. He noted management bug have left Wipro cheapest on a price-to-earnings basis because of direction trouble, and said Cognizant might be too levered to the financial sector.

"Infosys is cheaper. I nevertheless think Cognizant is going up, I only think Infosys is going upwards more than," Cramer said. "That said, I'd buy either mitt-over-fist on whatever kind of major pullback."

In pharmaceuticals, Cramer highlighted

Genentech

( Deoxyribonucleic acid) and

Sanofi

(SNY) - Get Sanofi Report

as possible beneficiaries of new research showing chemotherapy is more effective in non-small cell lung cancer patients than previously believed.

While neither have obvious acquirement streams in chemo, both have cancer candidates (Taxotere at Sanofi and Tarceva and Avastin at Genentech) that could see increased referrals in the issue of more chemo treatments.

"When it comes to cancer, these drugs act similar good little socialists. Information technology'due south all about cooperation." Cramer said he'd "back up the truck" on Genentech.

Cramer was bearish on drug companies

Alkermes

(ALKS) - Get Alkermes Plc Written report

and

Cephalon

( CEPH), which recently signed a deal to market place an anti-alcoholism treatment.

In the lightning circular, Cramer was upbeat most

Allstate

(ALL) - Get Allstate Corporation Report

,

Medarex

( MEDX),

Kellwood

( KWD),

Sunrise Senior

( SRZ),

Boeing

(BA) - Get Boeing Company Study

,

Be Aerospace

(BEAV)

,

Sonic

(SONC)

,

McGraw-Hill

( MHP),

McDonald's

(MCD) - Get McDonald's Corporation Report

,

Kaneb Pipeline

(KPP)

,

Whirlpool

(WHP)

,

Procter & Gamble

(PG) - Get Procter & Risk Company Report

and

ITT Industries

(ITT) - Become ITT, Inc. Study

.

He recommended selling

Shanda

( SNDA),

Diebold

(DBD) - Get Diebold Nixdorf Incorporated Report

,

Salesforce

(CRM) - Get salesforce.com, inc. Report

,

Nextel

( NXTL),

Amedisys

(AMED) - Get Amedisys, Inc. Report

,

Red Robin

(RRGB) - Get Blood-red Robin Gourmet Burgers, Inc. Report

,

Rockwell Collins

(COL)

,

Corn Products

( CPO),

Maytag

( MYG),

Ceradyne

( CRDN),

Able Labs

( ABRX) and

Netflix

(NFLX) - Get Netflix, Inc. Report

.

June 23 'Mad Money'

On

CNBC's

"Mad Coin" Thursday, Jim Cramer said the market had a "offset-class panic" Thursday, featuring a 166-plus betoken decline in the

Dow Jones Industrial Average

. "The market is throwing a auction and information technology'southward non discriminating between what needs oil lower and what doesn't," he said in the opening monologue. "Allow's discriminate and get gear up to do some buying."

In a Cramer-esque version of the paired trade, the boob tube host laid out a number of stocks that "aren't working" and should be sold and recommended respective names that should be bought instead.

Cramer said the market "wants out" of stocks such every bit Tyco -- "which needs fast Gdp growth we may not take anymore" -- and wants into UnitedHealth , which helps keep health care costs down.

"People should swap out of AMR and go into Halliburton ," he said.

"Get out of Ford and into Genentech ( Dna)," he said, calling Ford to a higher place $ten "a gift."

"Sell Yellow Roadway ( YELL) -- it isn't coming dorsum -- and buy Motorola ( MOT)."

"Sell Southwest Airlines and purchase Gillette ."

"Sell CSX and buy General Mills ."

"Sell Dow Chemical and buy Walgreen'southward ."

"Get out of DuPont and into Bristol-Myers ."

"Bottom line -- people will sell tomorrow," Cramer predicted. "I need you to employ the weakness that comes across the lath and load 'em upwardly if they're not sensitive to the economy or are in tech."

Cramer reiterated his bullish call on tech, calling it a "six-month call" vs. a daily phone call. "The market wants you in

Microsoft

(MSFT) - Go Microsoft Corporation Report

, which sells at 19 times earnings," he said. "If it does go down, information technology'southward a gift."

Afterward in the prove, he observed relative and accented strength Th in tech names such as Microsoft,

Apple

(AAPL) - Get Apple Inc. Report

,

Broadcom

undefined

, and

Google

(GOOG) - Get Alphabet Inc. Class C Written report

. The group was "the stone of Gibraltar today ... that'south a sign the buyers will come dorsum to the

Nasdaq

first" afterward the oil-related selloff ends.

In response to a caller'due south question about how to turn a profit from $60 oil, Cramer recommended

ConocoPhillips

(COP) - Become ConocoPhillips Study

,

EnCana

(ECA) - Become Encana Corporation Written report

and oil service companies Halliburton,

Schlumberger

(SLB) - Become Schlumberger NV Study

,

Baker Hughes

(BHI)

and

Smith International

( SII). However, he later in the prove recommended selling

Chevron

(CVX) - Get Chevron Corporation Report

, fearing it'll have to "pay up" for

Unocal

( UCL).

In the Lightning Round, Cramer was upbeat about

WellPoint

(WLP)

,

Quicksilver Resource

(KWK)

,

General Dynamics

(GD) - Get General Dynamics Corporation Report

,

El Paso

( EP),

Millennium Pharmaceuticals

( MLNM),

Cimarex Free energy

(XEC) - Get Cimarex Free energy Co. Report

and

Disney

(DIS) - Get Walt Disney Visitor Report

.

The television receiver host recommended selling

Unova

( UNA),

Southern Peru Copper

( PCU),

IBM

(IBM) - Go International Business Machines Corporation Report

,

Ameritrade

(AMTD) - Get TD Ameritrade Holding Corporation Written report

,

Callaway Golf game

(ELY) - Go Callaway Golf Company Report

,

Goodyear Tire

(GT) - Get Goodyear Tire & Condom Visitor Report

,

Practical Digital Solutions

( ADSX),

Harris & Harris

(TINY)

,

International Securities Substitution

( ISE),

Manhattan Assembly

(MANH) - Get Manhattan Assembly, Inc. Report

, and

Kroger

(KR) - Become Kroger Co. Report

.

Finally, Cramer agreed with

Marketwatch.com

columnist Herb Greenberg's negative stance on

Jarden

(JAH)

.

At the time of publication, Cramer was long Alliant Techsystems, Intel, Clear-cut, Sears Holdings, Yahoo!, Halliburton, EnCana, Gillette, General Mills and UnitedHealth Group.

James J. Cramer is a manager and co-founder of TheStreet.com. He contributes daily marketplace commentary for TheStreet.com'south sites and serves as an adviser to the company'southward CEO. Outside contributing columnists for TheStreet.com and RealMoney.com, including Cramer, may, from time to time, write near stocks in which they have a position. In such cases, appropriate disclosure is fabricated. To see his personal portfolio and find out what trades Cramer will make before he makes them, sign upwardly for

Activity Alerts PLUS. While he cannot provide personalized investment advice or recommendations, he invites y'all to send comments on his column by

clicking here. Mind to Cramer's RealMoney Radio show on your computer; just click

here. Watch Cramer on "Mad Coin" at six p.one thousand. ET weeknights on CNBC. Click

hither to order Cramer's latest book, "Real Coin: Sane Investing in an Insane Earth," click

here to become his second book, "You Got Screwed!" and click

here to society Cramer's autobiography, "Confessions of a Street Addict."

Source: https://www.thestreet.com/personal-finance/cramers-mad-money-googles-not-done-10229466

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