Jim Cramer's Stop Trading! RadioShack's Happy Day

03/27/07 - 03:08 PM EDT

TheStreet.com Staff

Jim Cramer isn't necessarily a big proponent of technology at the moment, but he does like what he's seeing at a tech seller -- RadioShack (RSH Quote - Cramer on RSH - Stock Picks).

"RadioShack is run by a really fabulous guy [Julian Day], and he's running it for profit," Cramer said Tuesday on CNBC's "Stop Trading!" segment.

The stock of the electronics retailer, currently at about $27, can keep going up, he believes. "This is a company that was so poorly run it's scary," he said. "They've got management with a brain now."

However, it might be a little pricey. As such, Cramer said he would buy it "hand over fist" if it came down a little.

Elsewhere in the retail space, he said Target (TGT Quote - Cramer on TGT - Stock Picks) was a better play than its bigger rival Wal-Mart (WMT Quote - Cramer on WMT - Stock Picks), adding that if the stock goes under $59, investors could purchase it.

Cramer also offered upbeat comments on agricultural names such as Bunge (BG Quote - Cramer on BG - Stock Picks) and Monsanto (MON Quote - Cramer on MON - Stock Picks), along with the aggregates complex, noting that road-building is ramping up. "Rocks are on fire," he said.

As for the market's overall downturn, he suggested that the uninspiring news from Lennar (LEN Quote - Cramer on LEN - Stock Picks) had given traders a "good excuse to ring the register."

At the time of publication, Cramer had no positions in stocks mentioned.

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. Watch Cramer on "Mad Money" weeknights on CNBC. Click here to order Cramer's latest book, "Mad Money: Watch TV, Get Rich," click here to order his 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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