Jim Cramer’s Favorite Technology Stock Picks

Jim Cramer, a host of a very known TV show, has his favorite stock picks. Oh well, Insider Monkey has made a blog about "Jim Cramer’s Favorite Technology Stock Picks". Jim Cramer is a former hedge fund manager. Cramer expresses his views on stocks during his TV shows, which has helped many ordinary investors who watch his show daily on TV make their own investments. We believe that by focusing on Jim Cramer’s top recommendations, investors are more likely to beat the market in the long term. In this article, we are going to focus on the technology stocks Cramer are bullish about recently. All companies have at least $10 billion market cap and were recommended by Cramer during his TV show over the past month.

Apple Inc (AAPL): AAPL is the technology stock that recommended by Cramer the most times over the past month. Cramer recommended investors to buy AAPL on January 4, 9, 18, and 20. Hedge funds agree with Cramer. As of September 30, 2011, there are 125 hedge funds with AAPL positions. For example, Tiger Cub Stephen Mandel and Chase Coleman are both bullish about AAPL. Mandel’s Lone Pine Capital had $785 million invested in AAPL and Coleman’s Tiger Global Management LLC had $646 million invested in AAPL at the end of the third quarter. AAPL has a market cap of $392B and a low forward P/E ratio of 10.72. It returned 10.22% so far since the end of September, versus 16.99% for SPY in the same period. We are long-term bullish about Apple because of its low valuation and high growth expectations. Please see Insider Monkey for the full details about Jim Cramer’s favorite technology stock picks.