RealMoney Radio Recap: Google's Got It

Google's (GOOG Quote) stock is cheap, and the company is growing, Jim Cramer told a caller on his "RealMoney" radio show Wednesday.

He said to buy it on the way down and put it away, rather than giving up and running away from it. "Google is the real deal," he said.

Cramer next turned to General Motors(GM Quote), where investor Kirk Kerkorian and his associate Jerome York, who is a GM board member, have been influencing the company to merge with Nissan and Renault, Cramer told a caller.

He said he believes GM will merge, and the move will subsequently make it pre-eminent against its rival Toyota (TM Quote). He recommended staying with the stock and said it is a winner, not a loser.

Cramer said he is blown away that Home Depot (HD Quote) keeps going down.

While the stock's decline might be because people are upset about Home Depot CEO and Chairman Bob Nardelli's paycheck, Cramer said Nardelli is the one who has made it a better company.

It is undoubtedly a better place to shop than it was three years ago, and Cramer said it's one of the cheapest retailers he knows, adding that the company has also turned around its balance sheet.

At $35, Cramer said Home Depot is for him.

The options backdating issue that Marvell Technology (MRVL Quote) is dealing with is negative for the company's stock, Cramer told another caller. Moreover, he said there has been much delay in the gaming-products business, and Marvell has a high multiple. Cramer said he is concerned about the stock and advised staying away until it comes in more.

Under Armour (UARM Quote) is an expensive stock that Cramer said he happens to like.

But he said although the company is "smoking" -- everybody loves its products and it has taken Nike (NKE Quote) by storm -- that's the company, not the stock.