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Technology Stocks : Symantec (SYMC) - What does it look like?

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From: bob zagorin4/3/2006 10:12:07 AM
   of 2069
 
cramer is now recommending symc and i wouldn't be surprised if it turns up on mm one of these days...

"....As if Microsoft (MSFT:Nasdaq - commentary - research - Cramer's Take) doesn't have enough to worry about, the company now must contend with another attack on its Internet browser, Cramer said. A new virus freezes your computer for 30 seconds and installs software that captures your online banking information.

Cramer owns Microsoft for his ActionAlerts PLUS charitable trust .

The latest attack on Internet Explorer is just another reason to buy Symantec (SYMC:Nasdaq - commentary - research - Cramer's Take), he said, a stock that is $1 off its 52-week low.

The Internet security technology business is a good one and this is one of the cheapest players, he said. People have thought that Microsoft has a better antivirus package, but Cramer believes that those people are wrong....."
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