'RealMoney' Radio Recap: Finding Fortune

Fortune Brands (FO Quote) reported a "breakout" quarter Friday, Jim Cramer told listeners of his "RealMoney" radio show Monday. Fortune's stock rose 2.1% Friday and was up another 1.9% Monday afternoon.

Yet the headline for a blurb about Fortune's results in The Wall Street Journal Monday read, "Net Income Slides by 59%, Hurt by Acquisition Costs." The headline, "while 100% accurate, is totally wrong," Cramer said, and it is an example of why the "game" of investing seems so hard for so many people.

Cramer said Fortune Brands is actually doing quite well with its acquisition of spirits company, Allied Domecq, because it brought Fortune into the lucrative high-end wine market. More importantly, the company's housing and remodeling division is doing well, he said, and it is taking market share from competitors American Standard (ASD Quote) and Masco (MAS Quote).

Cramer doesn't blame the writer of the story for getting it wrong. He said the writer probably did what the editor wanted. But for Cramer, who said he sees the world as not nearly as opaque as Wall Street and the traditional media make it, he still gets angry and would demand a rewrite.

Stealing Stocks

RealMoney.com contributor and former New York Met Len Dykstra joined Cramer to talk about Cisco Systems (CSCO Quote), International Paper (IP Quote) and Yahoo! (YHOO Quote).

Dykstra said Cisco is cheap, and he expects the company to talk about increased demand for its routers when it reports earnings Wednesday. Dykstra recommended buying Cisco before its earnings report.

Cramer's take on Cisco is "one down, one up," he said.

Dykstra said he bought "deep in-the-money calls" on International Paper Monday morning. He bought April $22.50 calls, he said, but would not advise paying more than $7.30. Get out on any bounce or spike, he said.

Cramer's take on International Paper is, "I don't know what gets it moving."

Finally, "there's no stopping Yahoo!", said Dykstra. Cramer concurred, saying the stock has "all the momentum in the world."