Seeking Alpha
Profile| Send Message|
( followers)  

Stocks discussed on Jim Cramer's Stop Trading! TV Program, Friday March 25

Apple (NASDAQ:AAPL), Research in Motion (RIMM), Sony (NYSE:SNE)

Cramer commented on the upbeat unemployment figures coming out of Florida and California; "Employment trumps everything...if you can create jobs, things go right with the stock market." His one criticism regarding the Obama Administration is that its emphasis in the aftermath of the credit crisis was to punish the banks rather than to create jobs. He thinks China is a perfect model for how a government can stimulate the economy by creating jobs; "China is the greatest growth engine in the history of the world."

Apple (AAPL) may look expensive, but it is still "incredibly cheap." Cramer added, "Apple is an ecosystem. Research in Motion (RIMM) is not an ecosystem." Apple succeeded where Sony (SNE) failed, because Sony got stymied as soon as its competitors offered similar products at lower prices. Apple's competitors are faltering because, while they may be able to duplicate the technology to some degree, they can't compete with Apple in price. In addition, Apple is an expert retailer while other techs just make the gadgets.

::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::

Jim Cramer was up 31% in 2009. Click here now to sign up for Jim's Action Alerts PLUS and trade alongside him. Special discount for Seeking Alpha users.

Get Cramer's Picks by email - it's free and takes only a few seconds to sign up.

Source: Cramer's Stop Trading! Apple Is an Ecosystem (3/25/11)