Recap of Jim Cramer’s comments on Wall Street Confidential, Tuesday July 17. Click on a stock ticker for more analysis:

Novellus Systems (NVLS), Motorola (MOT), Intel (INTC), EMC (EMC), Microsoft (MSFT)

Cramer would buy Novellus, which guided down its earnings, revenues and orders and still rose 10%. The stock is even up after missing its estimates, which demonstrates the health of the tech sector, according to Cramer. Similarly, Motorola is back up after reporting a disastrous quarter. He predicted Intel will reach $30 and investors will be safe to buy half their positions now "because you're immunized. I expect it will be contained either at the $25 strike or the $27.50 strike." Other great tech names are EMC, which is a buy at $19 ahead of VMware's IPO, MSFT, whose performance is sluggish but will still see $32. "This group is like oil was a year ago," Cramer said. "You just can't stop buying it."

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Miriam Metzinger

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