Connect the Dots – Mobile Internet Tsunami

“Once you connect the dots, the picture is not only worth a thousand words, it’s worth thousands of dollars as well,” Jim Cramer told viewers of his “Mad Money” TV show Wednesday. Cramer said investors should use today’s weakness to think about which stocks they should be looking to buy. He said in order to figure out what’s working, investors should connect the dots. Cramer pointed out the amazing strength in Apple Inc (NASDAQ: AAPL) and Research In Motion Ltd (RIMM). He said investors should continue to watch these stocks, and all of the tech stocks that make up his Mobile Internet Index, a basket of 21 stocks he created on August 11. That index is up 15.5%, while during the same time the S&P 500 is up only 6.5%. Cramer mentioned that proof of this group’s strength can be found in stocks such as Ciena (NASDAQ: CIEN), SanDisk Corp (NASDAQ: SNDK), Skyworks Solutions (NASDAQ: SWKS) and CommScope Inc. (CTV). Cramer advised viewers to buy the companies related to the “mobile Internet tsunami,” if the market sees another decline of 3% to 5% that we’ve seen periodically since the March bottom. “Despite how much these stocks have moved, we are still early on in this trend, and I think it’s going to last for years,” he said. Finally, Cramer said Research In Motion Ltd reports earnings on Thursday, and if we’re lucky, the stock will trade lower so we can buy even more. 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!

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