CramerEffect.com » Jabil http://www.cramereffect.com Tracking the Stock Pick's of Jim Cramer Thu, 16 Dec 2010 23:18:50 +0000 http://wordpress.org/?v=2.8 en hourly 1 2 Tech Stock Recommendations from Cramer http://www.cramereffect.com/2010/07/2-tech-stock-recommendations-from-cramer/ http://www.cramereffect.com/2010/07/2-tech-stock-recommendations-from-cramer/#comments Wed, 14 Jul 2010 19:54:25 +0000 admin http://www.cramereffect.com/?p=240 Jim Cramer discussed Nvidia (NVDA: 16.31 +3.62%) and Jabil Circuit (JBL: 23.97 +0.59%) on yesterday’s Mad Money show. Both technology stocks have been battered this year, but Cramer predicts that both stocks will rally in the second half of the year.

Nvidia
Nvidia shares have fallen over 41% in 2010. The company supplies chips that power netbooks, laptops and smartphones. They also make semiconductors that power Adobe’s (ADBE: 32.10 -0.56%) PowerSuite 5. Nvidia’s stock has been hammered this year, but Cramer predicts the stock will be one of the top gainers in the second half of the year.

Jabil Circuit
Jabil Circuit continues to report double-digit growth, but the stock has fallen 15% this year. The falling euro has negatively impacted the stock which has substantial European exposure. However, Jabil trades at only 7x consensus 2001 EPS. Wall Street expects revenues to grow 15% this year and 18% next year. With such a compelling valuation, Cramer recommends that investors buy the stock.

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