RealMoney Radio Recap: Hot Oil

Short-term, Cramer predicted nada from Yahoo!, but said in six months it could go back to $30 to $31. Recently Yahoo! was at $27.21.

When a caller inquired about Activision (ATVI), Cramer recommended getting into Electronic Arts (ERTS), which is down big, instead.

Cramer told a caller that ABB's (ABB), common stock is for him, but that he would not endorse a call option on the stock.

Cramer owns ABB for his charitable trust, Action Alerts PLUS.

ABB reported a monster quarter last week and is cheap, he said.

Cramer said he believes that Sirius Satellite (SIRI) is a situation where CEO Mel Karmazin seems to have it under control and that Karmazin will take the stock up tomorrow.

He said Sirius could go up to $5 over the next few days if Karmazin tells a good story, which Cramer believes he will. Sirius was recently trading at $4.36.

When a listener asked about Conexant (CNXT), Cramer said that the company had a disappointing quarter, and that it needs to fix its balance sheet.

Although Cramer said he doesn't believe that the stock deserves to be where it is, Conexant isn't the place to be for an investment, he said.

Cramer told a caller that Microsoft (MSFT) will not move until there is a definitive date as to when Vista will move.

Other than Microsoft, all PC companies have been terrible, but Microsoft has not been terrible because of stock buyback, said Cramer.

He told another listener that when Vista ships, it will also help Intel (INTC), and said that he would buy Intel because it's too cheap.

There is no need to wait until CSX (CSX) splits to buy it, Cramer said. He told a caller he would buy it now because it has had active buyback, and the management is very pro-shareholder.

Here's your chance to pick the stock you'd like me to feature on my radio show Aug. 3: Avon Products Comcast Hewlett-Packard Martin Marietta Northrop Vulcan Materials

REMEMBER to listen in on Thursday for my take on the stock that wins this poll!

>To order reprints of this article, click here: Reprints