This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

'RealMoney' Radio Recap: Go for Google

It's still not too late to buy Google (GOOG), James Cramer said on his "RealMoney" radio show Thursday.

Google "deserves to go higher" because of a "paucity" of growth stocks, Cramer told listeners. In his 25 years of investing, Cramer said, now is when he sees "the fewest high-growth stocks available."

Cramer, who has a $350 price target for Google, said the stock will be propelled by mutual funds seeking companies with exceptional growth. Don't listen to the media, he said, which will likely "pooh-pooh" Google as being overvalued.

Google shares traded at $302.93 Thursday afternoon.

An emailer wanted to know if it might be time to take profits in GameStop (GME) and Motorola (MOT), two stocks Cramer has been bullish on and which he owns for his charitable trust, ActionAlertsPLUS. Cramer said he was reluctant to sell either stock because he hasn't found any other stocks with similar growth prospects. Cramer added that Motorola CEO Ed Zander is "doing everything right." But if Cramer could find worthy replacements, he "would be selling."

An emailer asked if reports of anarchy in the aftermath of Hurricane Katrina might spur more people to buy guns. Cramer said if you believe that will happen, he would recommend Smith & Wesson (SWB), adding that he thinks the stock "should be bought" regardless, based on its fundamentals.

A caller wanted to know if Ruth's Chris Steak House (RUTH) was a buy. Cramer believes it is. The company was forced to move its headquarters to Orlando, Fla., from New Orleans and suffered damage to two of its restaurants in New Orleans from the hurricane. The stock is down about 15% since, a "ridiculous overreaction," said Cramer. He believes the company "will recover from the hurricane and will prosper." Ruth's Chris traded at $18.04 Thursday afternoon.

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 16,979.13 +59.54 0.35%
S&P 500 1,986.51 +4.91 0.25%
NASDAQ 4,526.4820 -1.0320 -0.02%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs