RealMoney Radio: Continental Drift

Las Vegas Sands (LVS Quote - Cramer on LVS - Stock Picks) and MasterCard (MA Quote - Cramer on MA - Stock Picks) may be "beaten down" short term, but they are "winners" long term, Jim Cramer told a caller on his "RealMoney" radio show Thursday.

Cramer continued to say he feels "very strongly" that both stocks are going up. If either came down five or six points, he said he would pull the trigger, because "even the best ones need to take a breather."

As the airlines have had a "remarkable run," he believes that people should not give back the gains they've made in this sector. Cramer said although he likes Continental (CAL Quote - Cramer on CAL - Stock Picks), he is not going to recommend it right here as it has already had a "tremendous run."

Responding to another caller, Saks (SKS Quote - Cramer on SKS - Stock Picks) "is in the midst of a major turnaround" and has joined the ranks of Nordstrom (JWN Quote - Cramer on JWN - Stock Picks) as a member of the "elite," Cramer said.

Moving on, J.P. Morgan (JPM Quote - Cramer on JPM - Stock Picks) is "fine," but not what Cramer considers a "must own," he told his next caller.

Instead, Cramer said he prefers Bank of America (BAC Quote - Cramer on BAC - Stock Picks) as he believes it cares more about its shareholders.

When a caller asked about RF Micro Devices (RFMD Quote - Cramer on RFMD - Stock Picks), Cramer said he is a Cisco (CSCO Quote - Cramer on CSCO - Stock Picks) guy when it comes to telecom.

Responding to a caller who said he was in the house of pain with Coldwater Creek (CWTR Quote - Cramer on CWTR - Stock Picks), Cramer said to buy more because the fact that it's down "is a huge mistake."

He told another caller that he likes AK Steel (AKS Quote - Cramer on AKS - Stock Picks) but likes Reliance Steel (RS Quote - Cramer on RS - Stock Picks) better.

Nevertheless, Cramer believes that AK Steel "could get a bid any day and its fundamentals are cheap."

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