Cramer's Stop Trading! The iPad Is a Trojan Horse (7/22/10)

Quote: Apple (AAPL), Nokia (NOK), Research in Motion (RIMM), F-5 (FFIV),Salesforce.com (CRM), VMWare (VMW), Caterpillar (CAT), AT&T (T), 3M (MMM) Cramer was not surprised the Dow was performing well on Thursday, "because every Dow stock is reporting a strong quarter" and things took better in Europe.AT&T (T) reported an excellent quarter, thanks largely to Apple's (AAPL) iPhone. Cramer says the iPad tablet is a "Trojan Horse" more so than the IPhone because of the growing popularity of enterprise space. When Apple starts to take the corporate world by storm, Nokia (NOK), and to a lesser extent Research in Motion (RIMM), will be "dead."Those who say that Steve Jobs is merely a marketing wizard are wrong; "When you have the greatest products in the world, marketing comes easy," said Cramer, who predicts the stock is going to $300.Cramer recommends F-5 (FFIV) for high-speed internet, Salesforce.com (CRM), which is going "much, much higher" for cloud computing, and VMWare (VMW), which is "not done" at $75.Industrials like 3M (MMM) and Caterpillar (CAT) are undervalued, said Cramer, who doesn't understand why some don't take revenues from emerging markets seriously enough. “Caterpillar is not just sitting around waiting for Ben Bernanke andPresident Obama to stimulate the economy,” he said. “They’re movingto where the economies are stimulated.”:::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::: Jim Cramer was up 31% in 2009. Click here now to sign up for Jim's Action Alerts PLUS and trade alongside him. Special discount for Seeking Alpha users.Get Cramer's Picks by email - it's free and takes only a few seconds to sign up....
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