“Google (NASDAQ: GOOG) is too cheap,” Jim Cramer told viewers of Tuesday’s CNBC “Stop Trading!” segment. He recommended investors buy the stock and said it’s heading to $600 a share. Cramer thinks Google could earn $30 a share in 2010 as more and more ad dollars are spent online. He said the stock should trade at a 20 price-to-earnings multiple given the search giant’s growth rate. Elsewhere in the tech complex, Cramer mentioned he prefers Palm Inc. (PALM) over Research In Motion Ltd (NASDAQ: RIMM) ahead of RIMM’s earnings report on Thursday. Cramer said the shorts are killing him with Palm. “This is the Internet mobile tsunami. Wake up or get swept away,” he said. Cramer told viewers he likes Polo Ralph Lauren Corporation (RL) and Martha Stewart Living Omnimedia Inc. (MSO) as derivative plays on the Citigroup’s upgrade of Macy’s Inc. (M). Finally, Cramer commented on Caterpillar Inc. (CAT) poor monthly orders number. He said investors would be wrong to count Caterpillar out. He called Caterpillar, Bucyrus International Inc. (BUCY) and Joy Global Inc. (JOYG) global recovery plays that will do well off a weak dollar. “Caterpillar’s earnings could explode here, even on  declining orders,” he said. Join the fastest growing community of small cap investors at Stockhideout.com

“Apple’s (NASDAQ:AAPL) iPhone is a total data hot,” Jim Cramer said on Monday’s “Stop Trading!” show. He told viewers the iPhone’s usage is causing an information bottleneck that’s frustrating AT&T (T) customers. Cramer said the only way to deal with the problem is to build more cell phone towers. He likes American Tower (AMT), which makes and leases cell-phone towers, as a play on the upcoming trend of updating wireless networks. On a related note, Cramer said the mobile Internet tsunami is a trend big enough to carry Apple Inc (NASDAQ: AAPL), Research In Motion Ltd. (NASDAQ: RIMM) and Palm Inc. (PALM). “Mobile Internet is the most powerful trend in tech,” Cramer said. So powerful, it will even carry  related plays such as Tellabs Inc. (TLAB), Qualcomm (QCOM) and Sandisk Corp. (SNDK). Finally, Cramer said the positive action in Onyx Pharmaceuticals (ONXX), Celegene (CELG) and others is a sign. That sign is that President Obama won’t get his health-care reforms passed on Congress. Now Cramer is expecting that the expensive drugs will be funded by various governments. Get the scoop on tomorrow’s hottest trade ideas – TODAY! BeaconEquity.com PREMIER PICKS have an amazing track record. Join this select group and ride the profit wave!

According to CNBC’s “Stop Trading!” host Erin Burnett, eight initial public offerings will hit the market next week, which marks the most since December 2007. Jim Cramer told viewers that he likes Select Medical (SLC). “I want to be in that, the hospital sector’s been red-hot,” he said. Cramer wasn’t so high on AI23 (AONE), which will also come public next week. He told viewers that the stock feels like ethanol to him, and everyone went nuts on those ethanol stocks, but it turned out that they just timed the market perfectly. Cramer believes that the same thing will happen to eco-friendly auto-battery stocks like A123. Moving on to other areas of the market, Citi Investment Research upgraded Procter & Gamble (PG) to buy from hold. Cramer called it classic and lacking substance. “It’s the kind of thing you do right now when you say, ‘Will you give me something to recommend?’” He said that Procter is finally admitting that competitors Unilever (UN) and Colgate-Palmolive Company (CL) are outperforming them. Get the scoop on tomorrow’s hottest trade ideas – TODAY! BeaconEquity.com PREMIER PICKS have an amazing track record. Join this select group and ride the profit wave!

“Short sellers may have shot first and asked questions later,” Jim Cramer said on Tuesday’s “Stop Trading!” segment, in regards to the trade war that has started between the US and China. Cramer pointed out that some of the stocks the shorts are targeting, are the biggest winners of the China trade, and are the strongest stocks in the market. These names include Las Vegas Sands (LVS), Wynn Resorts (WYNN), Caterpillar (CAT), Bucyrus International (BUCY) and Joy Global (JOYG). Cramer said all of these stocks would have been marked for shorting if the trade war had escalated, but they were all trading up on Tuesday. “I think this is more of a make-love-not-war situation,” he said. “I just feel like the shorts have gone really wrong here.” Cramer moved up his price target for Wynn from $70 to $80-$90, and to $22-$25 for Las Vegas Sands. Cramer told viewers he thinks the Chinese economy is on fire. Join the fastest growing community of small cap investors at Stockhideout.com

Jim Cramer told viewers of his Wednesday “Mad Money” TV show that every time we hear any talk about a trader tax, it has caused people to just run out of the theater. Cramer said we just don’t need this tax right now. He also pointed out the strength in the tech sector today. Among the names were Xilinx (XLNX), Altera (ALTR), F5 Networks (FFIV) and Ciena (CIEN). “These stocks are not done, they’re just not done,” he said. In regards to Apple (AAPL), which held a new product event today, Cramer said that he recommended the same thing he does every time Apple comes out with a big announcement – You buy Apple up approaching an announcement and sell immediately before the event, picking the stock back up about 3 days later. “This is because a dip pattern routinely occurs immediately following an Apple announcement,” he said. Finally, Cramer talked about natural gas. “It is very clear that there is a natural attrition,” he said. Cramer pointed out that the cost to produce nat gas becomes unprofitable at the $2 level and drilling stops. This will then cause nat gas to naturally rise back up to the $4-$5 range. However, Cramer said he doesn’t see nat gas going up much more than that level unless there is some kind of large government endorsement for it as a mainstream fuel. Join the fastest growing community of small cap investors at Stockhideout.com

Jim Cramer highlighted four ways to play a potential housing rebound on CNBC’s “Stop Trading!” segment Tuesday. His first pick was Timber company Weyerhaeuser (WY), a stock that Cramer holds in his charitable trust. He likes the stock based on the idea that the economy is at the stage where lumber will rise in price. “Louisiana-Pacific (LPX) tripled, and that’s not nearly the company that Weyerhaeuser is,” Cramer said. Another play that Cramer likes on a housing rebound is Macy’s (M). He mentioned that everything at Macy’s has been performing well, except for big-ticket items like furniture, which stands to see a bump from a wave of new home sales resulting from the rebound in the housing market. Another way to play housing is Sherwin-Williams (SHW), a stock that Cramer notes has been relatively strong anyway. “When you buy a house, you throw a coat of paint on it,” he said. “When you’re trying to sell it, you throw a coat of paint on it.” Lastly, Cramer pointed out that the biggest homeowners in the country are banks like Bank of America (BAC) and JPMorgan (JPM). “They’ve got the inventory and suddenly it’s been marked down to extremes, particularly in the case of JPMorgan,” he said. Get the scoop on tomorrow’s hottest trade ideas – TODAY! BeaconEquity.com PREMIER PICKS have an amazing track record. Join this select group and ride the profit wave!