Cramer: Put the cloud kings on your shopping list for the September slump
Summary
Most professional money managers dread the month of October when it comes to investing, but not Jim Cramer .I cant wait until we get to October, thats how much I dislike September," the host of CNBCs " Mad Money " said Tuesday.But part of the selling is caused simply by investors fear of the month of October, which is only worsened by television doomsayers, Cramer said."These days, everybodys embracing the cloud to cut costs, improve customer relations, mine insights from data and generally make their business more competitive," the "Mad Money" host explained.Noting that most of them have trounced the S&P 500 year to date, he emphasized how dramatically they benefit from the global shift to cloud computing and subscription-model adoption.
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