Jim Cramer's Wall Street Confidential Picks, 9/5/07

Recap of Jim Cramer’s comments on Wall Street Confidential,Wednesday September 5. Click on a stock ticker for more analysis:

Fashion Stocks, Business Stocks: Hewlett Packard (HPQ), Apple (APPL) Cramer devoted Wednesday’s program to discussing the difference between business and fashion stocks and used tech giants, Apple and Hewlett-Packard as examples. With the iPhone, Apple has “truly captured the imagination of youth…the iPhone is a fashion statement,” whereas Hewlett Packard is a business statement. Hewlett Packard has the edge in the business world whereas “Apple has a very exciting product that happens to have tech.” In addition, Apple will not go out of fashion because it has a knack at constantly reinventing itself.

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