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
TheStreet Open House

'RealMoney' Radio Recap: Rational Returns

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 Qualcomm (QCOM), which Thursday announced a deal with Verizon (VZ) 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.

Cramer, Unstumped

RealMoney.com contributor, Dividend Stock Advisor author and Stocks Under $10 co-author Dave Peltier joined Cramer to talk about Thursday's "Stump Cramer" stocks.

Peltier said RELM Wireless' (RWC) 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."

Commenting on MTS Systems (MTSC), 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 Boeing (BA), 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 s who they sell into."

1 of 3

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 16,399.67 +19.26 0.12%
S&P 500 1,904.01 +17.25 0.91%
NASDAQ 4,316.0740 +57.6360 1.35%

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