RealMoney Radio: MasterCard Malaise

"I believe in another environment where people weren't so scared, MasterCard (MA) would have gone up to $60, [whereas] it's at $45 now," Jim Cramer said to a caller on his "RealMoney" radio show Tuesday.

"Tune out the noise and stick to your guns," he told the caller. "I would wait 5 points before I bought any more. But I would buy, because it's cheap."

When a listener asked about Grey Wolf (GX) Cramer said he's not sure when the stock is going to be finished going down but called the company "smoking good."

Cramer said he is not going to back out of the aerospace industry, as that sector is in a multi-year cycle.

When asked about Marriott International(MAR), Cramer said that although he believes Marriott is a good company, he believes Hilton Hotels(HLT) is doing better and advised the caller to swap out and go into Hilton

EuroZinc Mining (EZM), a "call-option on copper," is a very good company, Cramer said. But it is a speculative stock.

People who bought the stock a year ago are ringing the register, and people who bought it a month ago at a higher price are hurting, he said.

"I don't want to give up on it," Cramer said. "But you have to understand that there are people who want out."

When a caller asked about ConAgra Foods (CAG), Cramer sent the caller to Pepsi (PEP), which he said has much better growth and is a better quality company.

Cramer told a caller Cisco Systems (CSCO) was not his type of stock and told a separate caller that Electronic Data Systems (EDS) is a very well run company. Let Electronic Data come in a little and buy some more because it's a little expensive right now, he said.

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