A trio of tech stocks batting 3 for 3

Here's how you can get on the bandwagon with telecom gear, cloud-based software and data analytics.

By Jim Cramer Aug 29, 2014 10:59AM

Close up of smartphone on laptop keyboard © Marek Mnich/Getty ImagesSo Workday (WDAY) couldn't do it. It couldn't get the high-growth stocks going.


But a trio of Avago (AVGO), Veeva (VEEV) and Splunk (SPLK) sure will.


Here you've got semis for mobile phones and telecom gear, cloud-based software for the life science industry and big data analytics all shining at once -- three for three! Plus, Veeva and Splunk are heavily shorted, the former in a way that has pretty much shocked a lot of cloud enthusiasts because the clients themselves love the stuff.


The move couldn't be happening at a better time for tech, because there are plenty of worries out there that DRAM supply is coming on. Remember when Micron (MU) was a leader? And the shorts were out in full force at the end of the day on Salesforce.com (CRM) betting its big move was a one-off.


Now psychology should change on a dime.


TheStreet.com logoWhat should you do if you want to get on the bandwagon and not pay up? Recently we profiled NXP Semiconductors (NXPI) on "Mad Money" at the behest of research analyst Jack Mohr -- after Goldman took it to a sell -- noting that business is very strong there.

I would go for that one as a way to be involved without having to pay up.


Or you can always go with the now-relentless numero-uno momentum name: Twitter (TWTR), which has become the Gilead (GILD) of social media.


Jim Cramer headshot


Jim Cramer's Action Alerts Plus: Check out this charitable trust portfolio for the stocks Cramer thinks could be winners.





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50Comments
Aug 31, 2014 3:16PM
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VL

I have replied to your nonsense before. Here is an update. I have made an additional 200K of fake money. That went to purchase more stock and a newer fake vacation home with the help of the sale of the older fake vacation home which was bought with some of the older fake cash!

Aug 29, 2014 12:57PM
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And how much of a moat, if any, do these have? (Except maybe for Twitter, but that's a moat around a tiresome fad--like hula hoops.)  I think they're just poker chips if bought like this.
Aug 29, 2014 11:25AM
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wow.....a fad advertisement! 

 

rather than chase the latest fad stock, why not seek out a company doing tech work that is innovative with ideas for the future? 

 

for instance, the companies working to use 3D printers to construct body parts using one's own cells as a basis so transplanting into you does not require the rejection drugs normally used? 

 

.....just saying from the point of view of buying something with a future, that would be it. 

 

.....or are these true tech companies out of reach for the common person and all that's available are the kiddy stock fad tech stocks? 

Aug 29, 2014 7:31PM
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You got to be kidding, why not Apple, Intel and Microsoft???????
Sep 1, 2014 9:04PM
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I feel really bad for people in this economy, I like everyone have been struggling. But I tell you what I've done I've taken life into my own hands being responsible for myself. I knew trading was the answer for me and I've purchased different courses at different places and the best course I've found by far is at the website Gold Trading Academy, just Google them and find them and do like I did they get started trading for yourself and take life into your own hands.

Aug 29, 2014 2:53PM
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Would one of you Liberals go throw yourself into  Mount Tavurvur on the island of New Britain to appease the volcano god........... Do your part to stop global warming.

Aug 29, 2014 3:33PM
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What is up with this crazy Market today? 
Thanks to CGT for single handedly fending off the bagsters.

Left, Right, Center or slightly off -center.....
Happiest Labor Day weekend to all. ~ LOM out

Aug 29, 2014 3:11PM
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CT11 how is it a "We" can share a typed message. Are you a siamese twin by chance? Are you a one armed man with a one armed friend sitting at the same computer? Do you have a talking mouse in your shirt pocket?
Aug 29, 2014 11:43AM
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I've never even heard of Workday, Avago, Veeva, Splunk or Gilead.  For me, this article may as well have been written in Latin.  But that's ok, I've never been much for jumping on bandwagons anyway.

The Euro keeps on falling against the USD and that's great news for those of us who shorted it 30 days ago.  
Aug 29, 2014 11:27AM
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Twenty minute investment psychology.  Flip em, bang em, forget em.  Kind of how a single guy looks at women.?  "I would go for that one as a way to be involved without having to pay up"
Aug 31, 2014 7:21AM
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 would have thought that the UK going to high alert because of terror threats would have caused our fake  funded to bull run much higher today. Where are the nutcases ruining the world with financial control, manipulation and corruption? Why isn't Las Vegas booking odds for Armageddon? 
Aug 29, 2014 5:09PM
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One for the good guys today, very appropriate for the last day of the month; a little buying in the last 25 minutes and the good news is that scumbags were almost out the door so we ended up nicely in the green...Cant complain about that...Have a great Labor Day weekend all, well all of you that have a job, thanks to that socialist pos Obozo, most of you don't.
Aug 29, 2014 12:58PM
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I would have thought that the UK going to high alert because of terror threats would have caused our fake Kool Aid funded to bull run much higher today. Where are the nutcases ruining the world with financial control, manipulation and corruption? Why isn't Las Vegas booking odds for Armageddon? 
Aug 29, 2014 1:53PM
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Yup. just another sucker's rally...At 1345 hrs these scumbags started doing their thing again so the Dow is dropping one more time....About two hours to go and we just hope to try to minimize the damage....More after the close.
Aug 29, 2014 12:20PM
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Like we said earlier, remain cautious people, we will see sucker's rallies throughout the day...Manipulators pretty much in control still....Maybe this afternoon something positive can be done....Don't forget its a long weekend and these scumbags are tired of getting their butts kicked.
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