This Day On The Street
Continue to site right-arrow
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
Cramer's Action Alerts PLUS - See his portfolio and get alerts BEFORE every trade. Learn more NOW!

'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 - Get Report) 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 - Get Report) 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

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

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
Stocks Under $10

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

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

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
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

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

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
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!
TAGS $30.00 -1.60%
GOOG $555.48 2.13%
GLW $24.47 -0.53%
GME $37.03 -0.67%
MSO $4.77 0.21%


DOW 18,214.42 -10.15 -0.06%
S&P 500 2,110.74 -3.12 -0.15%
NASDAQ 4,987.89 +20.7530 0.42%

Partners Compare Online Brokers

Free Reports

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