CNBC’s Jim Cramer mentioned on Tuesday that investors should be buying the dip in the mobile internet plays. Cramer thinks that the recent pullback in the market is a chance to buy mobile internet stocks, and revealed his mobile internet index of 21 stocks because he thinks this is a multi-year play. The list is as follows:
- Google Inc. (GOOG)
- Apple Inc. (AAPL)
- Research In Motion Limited (RIMM)
- Starent Networks Corp. (STAR)
- Cisco Systems, Inc. (CSCO)
- Ciena Corporation (CIEN) – One of my favorite players
- Tellabs, Inc. (TLAB)
- TEKELEC (TKLC)
- CommScope, Inc. (CTV)
- Shanda Interactive Entertainment Ltd ADR (SNDA)
- ADC Telecommunications (ADCT)
- Palm, Inc. (PALM)
- QUALCOMM, Inc. (QCOM)
- Broadcom Corporation (BRCM)
- Cypress Semiconductor Corporation (CY)
- ON Semiconductor Corp. (ONNN)
- NetLogic Microsystems, Inc. (NETL)
- Xilinx, Inc. (XLNX)
- Tessera Technologies, Inc. (TSRA)
- Skyworks Solutions, Inc. (SWKS)
- RF Micro Devices, Inc. (RFMD)
AC