Jim Cramer's Stop Trading! RadioShack's Happy Day
TheStreet.com Staff
03/27/07 - 03:08 PM EDT
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).
"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) was a better play than its bigger rival
Wal-Mart (WMT), adding that if the stock goes under $59, investors could purchase it.
Cramer also offered upbeat comments on agricultural names such as
Bunge (BG) and
Monsanto (MON), 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) had given traders a "good excuse to ring the register."