Cramer's Stop Trading! Bag of Chips (8/12/09)

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Includes: AAPL, BBRY, CHU, CREE, CY, SWKS, UTX, WYNN, XLNX
by: Miriam Metzinger

Stocks discussed on Jim Cramer's Stop Trading! TV Segment, Wednesday August 12.

China Unicom (NYSE:CHU), Apple (NASDAQ:AAPL), Research in Motion (RIMM), Cypress Semiconductor (NASDAQ:CY), Cree (NASDAQ:CREE), Skyworks Semiconductor (NASDAQ:SWKS), Xilinx (NASDAQ:XLNX), United Technologies (NYSE:UTX), Wynn Resorts (NASDAQ:WYNN)

Cramer continued to discuss the mobile internet explosion and cited the story that China Unicom has reportedly purchased 5 million iPhones, the same amount sold in the U.S. last quarter. While Apple has control over a mere 3% of the phone market, it has 40% market share for smartphones. Cramer would buy equipment and chipmakers Cypress Semiconductor, Cree, Skyworks and Xilinx.

United Technologies' strong performance was thanks to its heating, cooling and ventilation system; Cramer says the unit is "on fire."

Cramer reiterated his $70 price target for Wynn Resorts because of its clean balance sheet and strong business in Macau.

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