Weekend Edition: Cramer Ready to Get in Bed with Riverbed Tech (RVBD)
Cramer said a great way to make money in a rally is to find some of the lesser known names that have been overlooked. Oddly enough, he said don't do that last night on go with the big tech titans.
Today he said Riverbed Technology (RVBD) is one that could be a big big winner like his old DiVX (DIVX) call. He said RVBD is up 20% but you might not have missed it. He said they are actually beating Cisco Systems (CSCO) at their own game. Cramer said this is a great speculative tech stock.
Cramer said they are actually a Best of Breed WAN product company, but they aren't even profitable yet. He said their revenue growth has been large and their technology is the best out there and has deals with H-P, McData, NEC, and others. He thinks the new estimates for RVBD are conservative and it could blow away estimates one quarter out.
RVBD closed down 4% at $18.05 in regular trading but popped up 12% to $20.25 in after-hours after Cramer touted this stock.
Jon C. Ogg
Today he said Riverbed Technology (RVBD) is one that could be a big big winner like his old DiVX (DIVX) call. He said RVBD is up 20% but you might not have missed it. He said they are actually beating Cisco Systems (CSCO) at their own game. Cramer said this is a great speculative tech stock.
Cramer said they are actually a Best of Breed WAN product company, but they aren't even profitable yet. He said their revenue growth has been large and their technology is the best out there and has deals with H-P, McData, NEC, and others. He thinks the new estimates for RVBD are conservative and it could blow away estimates one quarter out.
RVBD closed down 4% at $18.05 in regular trading but popped up 12% to $20.25 in after-hours after Cramer touted this stock.
Jon C. Ogg
posted by douglas mcintyre at 9:23 AM
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