'RealMoney' Radio Recap: Microsoft's Got Game

"For those of you waiting to get carpel-tunnel syndrome because you've been playing video games for three days straight, you're going to have to wait a bit longer," Jim Cramer told his "RealMoney" radio show listeners Wednesday, because Sony(SNE Quote) has postponed the release of its PlayStation 3.

"There's going to be money made, but it's not going to be made for Sony," Cramer said. If the company misses the Christmas selling season, customers will switch to Microsoft's(MSFT Quote) Xbox.

Cramer owns Microsoft for his ActionAlerts PLUS charitable trust.

The game console is enough reason to buy the stock because the chunk of money that goes to video games is one of the largest discretionary pools of money out there, he said. If this money goes to Microsoft, you've got a terrific reason to buy because the annuity stream is gigantic.

Plus, Microsoft is unrolling a new operating system for the first time in years, and most everyone will have to upgrade, he said.

The stock is the cheapest it has ever been and has done nothing for six years, leading Cramer to say that this is an opportunity to buy.

Cramer always says to do your homework -- an hour per week per stock -- but told listeners that they should be careful about how they interpret the news stories about certain companies.

For example, he said, news about Google(GOOG Quote) might be pushing people out of the stock unnecessarily.

The company has been in the news pretty much every day, he said, reminding listeners of the latest in the string of stories: The Justice Department is trying to get the company to turn over user information in its crackdown on child pornography.

"This is one of those lawsuits that will not amount to a hill of beans for people who own Google," Cramer said. But people are panicking and leaving the stock because they believe any suit is bad.