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Cramer on BloggingStocks: Exodus from oil may goose tech

 Aug 12, 2008 08:48 AM UTC
Return Risk
-19.87% LOW
Tracked Blogger
Symbol Sentiment Start Return Closed
RFMD Positive 08/12/08 -70.77% --
WB Positive 08/12/08 -13.49% 08/18/08
GOOG Positive 08/12/08 -44.02% --
AMZN Positive 08/12/08 -44.22% --
PMTC Positive 08/12/08 -45.05% --
ADI Positive 08/12/08 -47.73% --
UBS Positive 08/12/08 -42.29% --
MS Positive 08/12/08 -67.75% --
JPM Positive 08/12/08 -25.27% --
NSM Positive 08/12/08 -54.22% --
INTC Positive 08/12/08 -44.61% 12/01/08
MSFT Positive 08/12/08 -29.23% --
ADBE Positive 08/12/08 -53.69% --
M Positive 08/12/08 +2.24% 08/18/08

Graphic_arrow1 Via BloggingStocks:  

Filed under: Google (GOOG), Microsoft (MSFT), Amazon.com (AMZN), Intel (INTC), JPMorgan Chase (JPM), Adobe Systems (ADBE), Morgan Stanley (MS), Wachovia Corp (WB), Stocks to Buy, Cramer on BloggingStocks, Technology

TheStreet.com's Jim Cramer says all that money has to go somewhere, and this is a likely destination.

Clash of the ideals! Oil's down, and what can you buy when there's so much bad bank news? What can you buy when Wachovia (NYSE: WB) (Cramer's Take) is boosting reserves and Morgan Stanley (NYSE: MS)) (Cramer's Take) is still being pursued by authorities and JPMorgan (NYSE: JPM) (Cramer's Take) says July stunk and UBS (NYSE: UBS) (Cramer's Take) is so tarnished that you can't believe it was once the most conservative blue chip out there.

The answer is tech, of course!

Wait a second. Would anyone mind if we actually had a reason to buy tech beyond the K...




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