Reviewing the 6 Month Performance of Jim Cramer’s Mobile Internet Index

admin — Thu, 25 Feb 2010 15:39:44 +0000

In mid-August 2009, Mad Money host Jim Cramer unveiled his own stock index of the key players in the mobile internet revolution. Cramer created this list of 21 stocks to gauge the mobile internet trend – which he believes will be as large as the personal computer revolution was in the 1990’s.

Over the last 6 months since Mr. Cramer unveiled his mobile internet index, the Dow Jones Industrial average has gained 1,000 points or 11%. The technology-focused Nasdaq index is up 12% in the same time frame. So how has the Mobile Internet Index performed?

Unfortunately, the last 6 months has to be considered a mild disappointment for the mobile internet index. The index as a whole is up 9.6% during that time, but has underperformed the 12% gain in the Nasdaq.

The Mobile Internet indexes performance has been weighed down by a couple of extremely poor performances. The worst performer in the index, Palm (PALM: 0.00 N/A), has lost over half its value in the last 6 months. Tessera Technologies (TSRA: 19.31 0.00%) stock has fallen over 30%.

While the overall index performance has been disappointing, there have been some stellar individual stock performances. Sandisk (SNDK: 46.84 0.00%) is up an amazing 65% over the last six months. Starent Networks (STAR: 0.00 N/A) shares have soared over 56% since last August. In fact, 14 out of the 21 stocks have posted 6 months gains with 12 of those 14 stocks delivering double digit gains.

The big names of the index, like Apple (AAPL: 476.68 0.00%), Google (GOOG: 609.85 0.00%) and Cisco Systems (CSCO: 20.43 0.00%) have also outperformed the broader market indexes with Apple leading the way with a 21% gain.

Jim Cramer Unveils Mobile Internet Stock Index

admin — Wed, 12 Aug 2009 20:49:48 +0000

Jim Cramer has been very bullish on the mobile internet revolution that is taking the world by storm. On Tuesday night’s Mad Money show, he went a step farther by unveiling his own Mobile Internet Stock Index.

The index is comprised of 21 stocks that will play a crucial role in the mobile internet space. Mr. Cramer believes that the development of the mobile internet could be as big a phenomenon as the personal computer was back in the 1990’s.

Here are the 21 stocks included in Jim Cramer’s Mobile Internet Stock Index.

Google (GOOG: 609.85 0.00%)

Apple (AAPL: 476.68 0.00%)

Research in Motion (RIMM: 16.49 0.00%)

Palm (PALM: 0.00 N/A)

ADC Telecommunications (ADCT: 0.00 N/A)

Starent Networks (STAR: 0.00 N/A)

Cisco Systems (CSCO: 20.43 0.00%)

Ciena (CIEN: 16.70 0.00%)

Tellabs (TLAB: 3.81 0.00%)

Tekelec (TKLC: 0.00 N/A)

CommScope (CTV: 0.00 N/A)

Qualcomm (QCOM: 61.47 0.00%)

Broadcom (BRCM: 37.66 0.00%)

RF Micro Devices (RFMD: 5.33 0.00%)

Skyworks Solutions (SWKS: 24.28 0.00%)

ON Semiconductor (ONNN: 9.12 0.00%)

Cypress Semiconductor (CY: 18.37 0.00%)

SanDisk (SNDK: 46.84 0.00%)

NetLogic Microsystems (NETL: 49.75 0.00%)

Tessera Technologies (TSRA: 19.31 0.00%)

Xilinx (XLNX: 36.60 0.00%)

The Mobile Internet index rose 3.2% in its first day with ADC Telecom leading the surge with a 29.3% gain on an improved earnings outlook. We at CramerEffect.com continue following this index in the future and will provide periodic updates.

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Reviewing the 6 Month Performance of Jim Cramer’s Mobile Internet Index

Jim Cramer Unveils Mobile Internet Stock Index