Cramer's Mad Money - The Biggest High-Risk High-Reward Stock (6/9/09)

Stocks discussed on Jim Cramer's Stop Trading! TV Segment, Tuesday June 9.

Marvell Technology (MRVL), Texas Instruments (TXN), RF MicroDevices (RFMD), SkyWorks Solutions (SWKS), Nucor (NUE), Apple (AAPL), Capital One Financial (COF), AK Steel (AKS)

"This is one of the most exciting markets I have ever seen," said Cramer, giving credit to the oil, finance and tech sectors. Banks are repaying TARP funds, oil will probably reach $75 and chips are bringing the Nasdaq higher. Star players in the tech sector include Marvell, Texas Instruments, RF MicroDevices and SkyWorks Solutions, all of whom have been reporting good news, since they are the producers of chips for popular devices like Apple's iPhone.

Cramer thinks Apple with thrive whether or not Steve Jobs returns, and reiterated his recommendation to sell half a position going into the Worldwide Developers Conference and buy it back lower. He predicts Apple will reach $180.

In spite of Obama's remarks about credit card companies, Capital One Financial promises to be "the biggest high-risk, high-reward play." Cramer thinks COF works well as a September or October option-call play struck at $20.

Cramer thinks steel will be back, especially since the sector was priced in expectation of a Second Great Depression. His picks include Nucor and AK Steel on the commodity's recovery.

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