“There’s nothing more gratifying than pin action,” Jim Cramer said on a recent “Mad Money” TV show. He explained that when one stock has a blowout quarter it takes the rest of the sector higher, and that’s what he called “pin action.” “The pins were flying all over the place today,” he said. Cramer mentioned there was pin action in tech after Altera Corp. (NASDAQ:ALTR) raised its fourth-quarter revenue guidance. That news helped to generate buying demand in other tech names like Novellus Systems Inc. (NASDAQ:NVLS), Applied Materials Inc. (NASDAQ:AMAT), Advanced Micro Devices Inc. (NYSE:AMD), Texas Instruments Inc. (NYSE:TXN) and Cypress Semiconductor Corp. (NYSE:CY). Tech wasn’t the only sector to reap the rewards from pin action. Guess? (NYSE:GES) on Monday reported a blowout quarter, and that bullish news helped to push up Polo Ralph Lauren (NYSE:RL), VF Corp. (NYSE:VFC), J. Crew Group Inc. (NYSE:JCG) and Phillips-Van Heusen (NYSE:PVH). Cramer mentioned there was also pin action in the appliance sector, with Whirlpool Corporation (WHR) leading the way. Pin action could also be seen in the oils, natural gas, agriculture and minerals stocks. The only group that had no pin action was the regional banks and the money center banks. “While the financials typically would be necessary to produce such big market gains, they didn’t matter today,” Cramer said. Even the drug stocks, which were under pressure from the health care debate, are now participating in the market’s strength. Cramer recommended that viewers stick with tech. He said the pin action could spill over from the semiconductors into names like Apple Inc. (NASDAQ:AAPL), Hewlett-Packard Company (NYSE:HPQ), IBM (IBM) and Oracle Corp. (NASDAQ:ORCL). “And so many other pins that look ripe for the knocking,” Cramer 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!