RealMoney Radio: Do Buy Adobe

Stock quotes in this article: ADBE , SGMS , RIMM  

Anyone who's used Adobe Systems(ADBE Quote) products knows that it's one of the classic companies that they need," Jim Cramer told a caller on his "RealMoney" radio show Monday.

"There's a lot of sophisticated new stuff" the company is coming up with, and it's "just now beginning a stream of absolutely terrific new products" that will contribute to earnings going forward, Cramer said.

Cramer believes that Adobe is undervalued and that the stock is still cheap. He expects it to continue to move higher than the $37.73 the company is trading at midday Monday.

Cramer was also positive on Scientific Games(SGMS Quote) because it's the leading online lottery company in the world.

Cramer told another caller who said he's in the "house of pain" after shorting Research In Motion(RIMM Quote) that he wouldn't be surprised if the stock added 20 points.

Cramer would own the stock even at its 52-week high of almost $113.

To see the most recent edition of The RealMoney Radio Recap in its entirety, please click here. This recap is published every day around 3 p.m. ET.

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Jim Cramer is a director and co-founder of TheStreet.com. He contributes daily market commentary for TheStreet.com's sites and serves as an adviser to the company's CEO. Outside contributing columnists for TheStreet.com and RealMoney.com, including Cramer, may, from time to time, write about stocks in which they have a position. In such cases, appropriate disclosure is made. To see his personal portfolio and find out what trades Cramer will make before he makes them, sign up for Action Alerts PLUS. Listen to Cramer's RealMoney Radio show on your computer; just click here. Watch Cramer on "Mad Money" at 6 p.m. ET weeknights on CNBC. Click here to order Cramer's latest book, "Real Money: Sane Investing in an Insane World," click here to get his second book, "You Got Screwed!" and click here to order Cramer's autobiography, "Confessions of a Street Addict." While he cannot provide personalized investment advice or recommendations, he invites you to send comments on his column by clicking here.

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