Jim Cramer: I Am Not a Seller of Technology

Here is what you are up against if you dump now.
Stocks quotes in this article: HPQ, IBM, SQ

We keep hearing it is time to ring the register on technology.

I keep coming back and saying, what is this, 1984?

There is no "technology" now. There are cloud based companies that make businesses do better. There are aids to omnichannel. There are gaming and data center and artificial intelligence companies.

And then there are HP Inc (HPQ) and IBM (IBM) and a couple of companies that are legacy.

Consider, for example, the case of Square (SQ) . What are we supposed to say: "Sell square because it is time to sell technology"?

Given the plus 40% growth, given the total addressable market, given what is needed to have small business having the advantages of big business, I sure am not a seller.

That's is what you are up against if you dump now.

Get an email alert each time I write an article for Real Money. Click the "+Follow" next to my byline to this article.

Action Alerts PLUS, which Cramer co-manages as a charitable trust, has no positions in the stocks mentioned.

TAGS: Investing | Markets | Stocks | Trading | Technology |

More from Investing

ADP Has Broken Out of a Large Consolidation Pattern: What's Next for the Stock?

Bruce Kamich

Let's review the charts and indicators to give you a clear strategy for the weeks ahead.

IBM Still Faces Plenty of Issues -- Even if Red Hat Is Doing Well

Eric Jhonsa

While Red Hat's growth has accelerated since IBM bought the company, many of Big Blue's other key software and services businesses are still losing share.

Visa's Strength Could Propel Prices to the $300 Area in the Months Ahead

Bruce Kamich

Let's review the charts to plot this leg higher.

Don't Stay Up Worrying About an Overnight Crash

James "Rev Shark" DePorre

It's one of those things that never really occurs, and you could lose out by erring too much on the side of caution.

ServiceNow Shows No Sign of Topping, Buy a Dip and Look for Further Gains

Bruce Kamich

Is this a good time to add to longs?

Real Money's message boards are strictly for the open exchange of investment ideas among registered users. Any discussions or subjects off that topic or that do not promote this goal will be removed at the discretion of the site's moderators. Abusive, insensitive or threatening comments will not be tolerated and will be deleted. Thank you for your cooperation. If you have questions, please contact us here.

CANCEL
SUBMIT

Email sent

Thank you, your email to has been sent successfully.

DONE

Oops!

We're sorry. There was a problem trying to send your email to .
Please contact customer support to let us know.

DONE

Please Join or Log In to Email Our Authors.

Email Real Money's Wall Street Pros for further analysis and insight