Cramer's Stop Trading! Tech Is Going to Shock (12/22/09)

 |  Includes: AMTD, ARW, DELL, GOOG, JBL, MSFT
by: Miriam Metzinger

Stocks discussed on Jim Cramer's Stop Trading! TV Segment, Tuesday December 22.

Google (NASDAQ:GOOG), TD Ameritrade (NASDAQ:AMTD), Jabil Circuit (NYSE:JBL), Arrow Electronics (NYSE:ARW), Vishay Intertechnology (NYSE:VSH)

Cramer reiterated his $750 price target for Google (GOOG) and predicts a "giant upside surprise" this quarter because of increased spending on advertising. The money for ads didn't go to radio or print, but went to the internet, and Google was the recipient of the "lion's share" of the ad spending. When it comes to advertising, "There is the Superbowl and after that there is Google."

Keefe, Bruyette & Woods made the "gutsy call" of upgrading TD Ameritrade (AMTD) to "outperform" from "market perform." Cramer applauded this upgrade and says it is an indication that the investor is going to come back next year.

Cramer pointed to strong performance among the "quiet manufacturers" which represent the "guts of tech." Signs of health in Jabil Circuit (JBL), Arrow Electronics (ARW), Vishay Intertechnology (VSH) bode well for tech in general, especially since they have "a broad array of people they deal with." Results from these comanpies are in some ways "more important than Dell (NASDAQ:DELL) and Microsoft (NASDAQ:MSFT)." While tech historically doesn't perform well in the beginning of the year, Cramer thinks "Tech is going to shock in the first quarter. It is going to be explosive."


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