Cramer says that Activision, which is the second-largest producer of video games after ERTS, is a good buy for the holidays. "Anyone under 30 understands the demand for video games," he said, and likes ATVI because it has the best titles and is an inexpensive stock. Although Playstation 3 is going to be released in December, Cramer doesn't suggest buying Sony which makes the console, and he mentions that Nintendo's platform Wii is also set for release. Although he usually is more confident about video-game distributors than makers, Cramer thinks that ATVI's "Call of Duty 3" and "Guitar Hero II," due for release on Wednesday, will be "monster hits." Cramer calls ATVI a "triple holiday season buy" but warns of the company's "lumpy quarters" and shortfalls, and considers it a trade which should be sold before the end of the holidays. He reminds investors to use limit orders when buying the stock.
Related: Eric Savitz comments that Activision reported a strong quarter but is still plagued by issues relating to the options-backdating scandal.
Research in Motion (RIMM) versus Garmin (GRMN)
Cramer says that one advantage of tech is that it is "totally insensitive" to what is happening in Washington, and the sector does not move according to business cycles. He prefers RIMM to GRMN even though RIMM has had a good run, because Blackberry is a "more necessary product" than GRMN's global-positioning systems. "RIMM has the capacity to grow, which Garmin lacks," Cramer said, pointing out new products such as the Blackberry Pearl smartphone. He also noted that RIMM is not expensive when dividing its multiple by its growth rate and should be able to keep its competitors at bay since no one has been able to produce a device to match Blackberry. Cramer suggests taking some RIMM off the table and to let the rest run.
Related: William Trent doesn't think that Garmin's success has not gained enough attention from Wall Street.
Cramer explains why the only stock he likes in the telco market is Cisco. He began to think that stocks in this space would make a comeback after hearing the JDSU conference call and hearing about the "possible turn" at CNXT, but Lucent's decent quarter made him skeptical. "How strong must the telco market be for Lucent to have a good quarter?" he commented. Although CMCSA, VZ and T are all improving their networks, Cramer is still wary from his experience with JDSU and CNXT whose strength seemed invincible but, after a few months, "every last one of them was up in smoke." Cramer calls CSCO "the only game in town" and wishes it were lower so he could encourage more people to buy it.
CEO Interview: Nicholas DeBenedictis, Aqua America (WTR)
Cramer asked Nicholas DeBenedictis why the stock isn't performing better and what improvements are in the pipeline. He replied that the company has been around for 100 years and although "I can't tell you what it's going to do quarter to quarter" long-term shareholders have made a good profit. "We are going to keep trying to grow earnings and revenues through accumulations of real assets ... We're going to continue buying companies, putting investments in new water quality and growing organically in areas we're in," DeBenedictis said. "The fundamentals are strong."
Related: Eli Hoffmann takes an in-depth look at six water stocks, including Aqua America.
More: Cramer's latest stock picks, including: Mad Money Recap, Lightening Round, Stop Trading and his Radio Show.
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