Cramer's Tech Stock Take
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Date updated:11-27-2008
"As usual, tech is the Achilles' heel of this market." - Jim Cramer
-
TECD
Tech Data Corpora - $42.18
- +0.55%
- $41.76
Tech Data (TECD) is an excellent barometer for tech spending, and boy is it ever sinking.
-
HPQ
Hewlett Packard C - $49.96
- -0.06%
- $49.81
Hewlett-Packard (HPQ) had already strutted its stuff, so a second go-round doesn't mean much
-
MOT
Motorola Inc - $8.85
- -1.45%
- $9.13
Handsets are weak, so nothing doing there for Motorola (MOT) or Qualcomm (QCOM). Apple's (AAPL) already ramped.
-
QCOM
Qualcomm Incorpor - $44.3517
- -0.89%
- $44.75
Handsets are weak, so nothing doing there for Motorola (MOT) or Qualcomm (QCOM). Apple's (AAPL) already ramped.
-
AAPL
Apple Inc. - $202.98
- +0.75%
- $201.07
Handsets are weak, so nothing doing there for Motorola (MOT) or Qualcomm (QCOM). Apple's (AAPL) already ramped.
-
CSCO
Cisco Systems - $23.65
- -1.42%
- $23.61
That said, we know this group has about a hundred lives. I think Cisco's (CSCO) gotten back to being "cheap" although it's lacking in catalysts.
-
AMD
Adv Micro Devices - $5.14
- -1.34%
- $5.20
The semiconductors don't have much going for them, but I like the split up of AMD (AMD) to produce a profit for next year.
-
GOOG
Google Inc. - $566.76
- +0.76%
- $563.39
I don't like buying Google (GOOG) up this high, and I don't trust the numbers. But on weakness, there's value there if you see a turn in 2009 in advertising.
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