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Cramer Says Stay Away from Motorola (MOT), Likes Qualcomm (QCOM)

December 9, 2008 11:25 AM EST
Get Alerts QCOM Hot Sheet
Price: $162.30 -2.11%

Rating Summary:
    25 Buy, 33 Hold, 5 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 12 | Down: 22 | New: 20
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Responding to a Lightning Round caller on Monday night's Mad Money, Jim Cramer recommended shares of Qualcomm (Nasdaq: QCOM) while at the same time rejecting Motorola (NYSE: MOT) stock. Cramer pointed out Motorola's stockpile of cash, but said he sees nothing good happening at Motorola and to "just stay away".

Shares of Motorola are currently down 3.4% to $4.25, while shares of Qualcomm are up 1.9% to $34.00. It seems traders are listening to the President of Cramerica today and buying Qualcomm while selling Motorola.

Motorola, Inc. provides technologies, products, and services for mobile communications.

QUALCOMM Incorporated designs, manufactures, and markets digital wireless telecommunications products and services based on its code division multiple access (CDMA) technology and other technologies.

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