RealMoney Radio: Nibble on Archer-Daniels

12/01/06 - 03:13 PM EST

TheStreet.com Staff

Editor's Note: Today's marks the final day of Jim Cramer's RealMoney Radio show and the RealMoney Radio Recap. Jim will now be focusing on initiatives at TheStreet.com, including video work like his daily Market Updates. Be sure to come to TheStreet.com to check them out. And sign up for the Daily Booyah newsletter if you haven't already -- we'll send you an email twice a day with recaps of what Jim's said in his videos and on his Mad Money TV show.

As Fluor (FLR Quote) builds oil projects, it is not "a true industrial company," which is why it's not going down, Jim Cramer told a caller on his "RealMoney" radio show Friday.

"I would not sell it as it is a great play on energy and energy is going higher," he said.

Cramer told another caller it is time to start looking at Archer-Daniels (ADM Quote) again after it had a "brutal" decline.

"We should begin to nibble at Archer-Daniels," he said. "I'd buy one quarter of the position here and wait for the stock to come down to buy more."

On the other hand, Cramer told a caller he blessed leaving Nokia (NOK Quote) even though the stock is inexpensive. He said he doesn't like the cell phone business as it is too competitive.

Responding to another caller, Advanced Micro Devices (AMD Quote) is "cheap, cheap, cheap," Cramer said.

Although the company has been subpoenaed, it intends to cooperate with the investigation, he said. "This is important because you don't get in trouble with the government when you cooperate."

Further, a lot of companies are being subpoenaed so it's not as if the government is focusing in on Advanced Micro, Cramer went on to say.

"The fact that it's down makes it a buying opportunity," he said. "This one is definitely right."

Although there are some analysts that haven't been happy with SAIC (SAI Quote), Cramer said he doesn't consider this stock expensive at all and he would use any weakness to buy it, not sell it.

When a caller asked about Starwood Hotels (HOT Quote), Cramer said he likes this stock very much and believes it is "a very well run company."

But as much as he likes Starwood, he said he likes Hilton Hotels (HLT Quote) more.

To see the most recent edition of The RealMoney Radio Recap in its entirety, please click here. This recap is published every day around 3 p.m. ET.

Jim Cramer is a director and co-founder of TheStreet.com. He contributes daily market commentary for TheStreet.com's sites and serves as an adviser to the company's CEO. Outside contributing columnists for TheStreet.com and RealMoney.com, including Cramer, may, from time to time, write about stocks in which they have a position. In such cases, appropriate disclosure is made. To see his personal portfolio and find out what trades Cramer will make before he makes them, sign up for Action Alerts PLUS. Listen to Cramer's RealMoney Radio show on your computer; just click here. Watch Cramer on "Mad Money" at 6 p.m. ET weeknights on CNBC. Click here to order Cramer's latest book, "Real Money: Sane Investing in an Insane World," click here to get his second book, "You Got Screwed!" and click here to order Cramer's autobiography, "Confessions of a Street Addict." While he cannot provide personalized investment advice or recommendations, he invites you to send comments on his column by clicking here.

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