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RealMoney Radio: Continental Drift

TheStreet.com Staff

Las Vegas Sands (LVS) and MasterCard (MA) 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), he is not going to recommend it right here as it has already had a "tremendous run."

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

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

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

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

Responding to a caller who said he was in the house of pain with Coldwater Creek (CWTR), 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) but likes Reliance Steel (RS) better.

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

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.