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Thumbs Up for Palm

By Jim Cramer

About this article:
The smoke coming off this Palm quarter is incredible. I thought that if it did 600,000 Pre units, that would be a lot. I know that Apple's kicking butt and taking names, but this performance, considering that Palm's tied in with the weakest carrier -- Sprint -- tells me that even I, the biggest smartphone bull on the Street, am too conservative. I would be in there buying on the secondary, betting that this company's early in a competition that has room for several players, simply because the big dogs like Nokia were so taken by surprise. Is this my favorite dog in the hunt? No, even up here it is Apple. But with this quarter, I think Palm will be uttered in the same sentence as Research in Motion . And so the deal should be bought and the stock circled tomorrow. At...

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