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RealMoney Radio: Mystical California Pizza

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.

Although profits are a good indicator of how companies have done, there are many ways companies can change the bottom line, so people must look at the company's "top line," Jim Cramer said on his "RealMoney" radio show Friday.

California Pizza Kitchen(CPKI Quote) and Coldwater Creek (CWTR Quote) both "stumbled" last month, he said.

But even though Coldwater is down "a cool six points" since last week, it has a history of "swooning" and then coming back up, Cramer said, adding that he believes those who use this as an opportunity to buy the stock should be happy in the long run.

Meanwhile, California Pizza Kitchen "committed the unpardonable sin of guiding down for the quarter and for the year," which market players never want to hear, he said.

However, Cramer said he believes reason the company gave for doing this, which is that it has had a difficult time working with small individual contractors that install its restaurants into malls.

"I have no reason to doubt this," he said, especially because the stores that are open are doing "fabulously." As Cramer believes California Pizza Kitchen to be "one of the fast-growing casual dining companies in the country," he said he would not abandon it.

In Appreciation

After hosting his "RealMoney" radio show for six years and having touched many people's lives, Cramer told his listeners that "it's been a fabulous run, but it's come to an end."

While he will continue to host his "Mad Money" TV show and spend more time at TheStreet.com, Cramer said that he will also spend more time with his family and that it is time for him to move on.

In his closing segment he gave a special thanks to Cheryl Winer, who introduced him to radio and to Tom Clarke, the CEO of TheStreet.com who supported him throughout his radio stint.

Cramer also thanked CBS Radio Chairman and CEO Joel Hollander, David Hall, Emiliano Limon, Merrill Collins and Grant Kneller.

"These are the people who made this show great," he said. "We've had a pretty remarkable run."

Lastly, Cramer thanked his listeners and reminded them that we are in "a multiyear bull market." He urged people to continue to build their own portfolios and if they ever get in a jam, he told them to email him by going to TheStreet.com and clicking on his byline.

"Hosting radio has been a great joy and I will miss it," he said.

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.