Cramer also went over his favorite gadget play. He said tech has outperformed the market in Q4 in 14 of the last 15 years.Cramer said the gadget he would normally say you have to have is R-I-M’s (RIMM) Blackberry, but it has doubled since he recommended it first. Now the momentous decision is to determine if RIMM is the gadget owner of choice, or if it has run too much. Cramer said if you own it and haven’t taken any profit you need to.Cramer said the next gadget maker of choice is Garmin Ltd. (GRMN), the GPS gadget maker. Cramer said he thinks the Blackberry is a more useful product, but GRMN sells through 3,000 distributors. Cramer said that RIMM has targeted the business professional. Cramer said the GRMN market is near penetrated, and RIMM is expanding beyond the business customer. RIMM hasn’t begun to penetrate the consumer yet.RIMM trades at 29 times earnings with 22% growth, or 1.3 time growth rate; GRMN trades at 20 times next year on 16.9 times earnings. Cramer thinks that RIMM is the gadget stock to own through the end of the year. He thinks that RIMM has the best software out there.Cramer says NO to GRMN and says RIMM is a winner even though it is up huge.Jon C. Ogg
Cramer Prefers Research-in-Motion Over Garmin
Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.
McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.
His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.
A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.
TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.
McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.
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