The New 'Four Horseman' of Technology - Cramer Likes My Stock Picks
I am sure that many of you watch or have watched CNBCs Mad Money with Jim Cramer. Personally I think the screaming and boo-yaas are a little much, but I do watch it on occasion. I like Fast Money much better - it comes on a couple hours later. I am quite honored, because it looks like old Cramer has been sniffing around my blog looking for ideas
Back in the glory days Intel (INTC), Cisco (CSCO), Dell (DELL) and Microsoft (MSFT) were known as the four horseman. They were the go to stocks. Owning them were like having your own money tree. However, they have all taken it on the chin since then - Intel and Cisco are down 71% and 67% respectively from their high points in 2000, while Dell and Microsoft are down 54% and 49% respectively since 1999.
Last week Cramer announced his new "four horseman" of technology: Apple (AAPL), Research in Motion (RIMM), Google (GOOG) and Amazon (AMZN). Two of those names, Apple and Research in Motion, are the members of my recently formed The Big Spend portfolio. Interestingly Cramer and I converged on those names using two completely different approaches, but our conclusions are the same. These stocks have the potential to significantly outperform the market and are in the midst of secular (long term) moves. Its time to get on board.
About the Author
Michael Dawson recently said goodbye to a 20 year career in Engineering, Marketing and Sales to focus on living his dream of financial independence as a full-time trader on his on account. He has also established a financial education company, The Time & Money Group, to encourage others to pursue financial freedom and is publisher of the company's blog "Breaking the Shackles of the 9 to 5." His mantra is "Why trade time for money ... when you can have both."
http://www.thetimeandmoneygroup.com/blog
Make sure to read one of Dawson's most popular articles: "Saying Good-Bye to the Time for Money Swap"
AP - Oil tumbled below $44 a barrel Thursday and average gasoline prices slipped under $1.80 a gallon, both four year lows, as unemployment benefit claims hit a 26-year high and major companies announced more job cuts.
