Jim Cramer told listeners to his "RealMoney" radio show Friday this is the "best market we've had in six years." Don't be dissuaded by bears, who keep trying to poke holes in the market, he said. That the market is going up in a stair-step fashion is exactly what he wants to see.
The one thing that would make Cramer less bullish would be an increase in speculation. But, he's not seeing it.
A case in point is
(QCOM - Get Report), which Thursday announced a deal with
(VZ - Get Report) to deliver longer videos over cell phones. That kind of announcement would have spiked the stock in a more speculative environment, said Cramer. Instead, Qualcomm was down Friday afternoon from where it had been when the news was announced.
"If there isn't a lot of speculation, you should feel better, not worse, about the stock market," he said.
Dividend Stock Advisor
Stocks Under $10
co-author Dave Peltier joined Cramer to talk about Thursday's "Stump Cramer" stocks.
(RWC - Get Report)
stock had tripled since July, and although it is not that expensive at 20 times earnings, the company has had no clear pattern growth for the last 10 years.
Cramer said he is "not too crazy about that," and with the stock tripling, "I feel like we've missed it."
(MTSC - Get Report)
, Peltier said that even though the company had a miss last week when it reported fourth quarter results and its stock dropped 20% in one day, the miss was due to supplier shipment delays. MTS sells testing and simulation products to companies like
, and he likes the stock, believing it will rebound due to the strong aerospace market.
Cramer said he always recommends waiting one quarter after a miss before purchasing a stock, but he "like
who they sell into."