RealMoney Radio: Split Wish

"Starbucks (SBUX Quote) and Whole Foods (WFMI Quote) are the places you should be right now," Jim Cramer told a caller on his "RealMoney" radio show Friday.

At $37, Starbucks is on its way to $45 and is a buy, he said.

Responding to another caller, Cramer said that SAIC (SAI Quote) is going to $20.

"Defense stocks are, fine and it's OK to buy SAIC here, at $17," he said.

If he were at the management at NYSE (NYX Quote), Cramer told a caller he would buy International Securities Exchange (ISE Quote).

As International Securities is a little expensive, he told the caller he would buy 25 out of 100 shares now, and wait for a pull in to buy the rest.

When a caller inquired as to why some stocks never split, Cramer said he believes this has to do with Warren Buffett, who stood against the splitting of stocks. Buffett wants people in a stock if they're in it to win and in it to stay, Cramer said.

However, he said he wished Google (GOOG Quote) would split 10 for 1, because it would encourage those who believe that it's too expensive to buy it.

If a person has $25,000 in Bank of America (BAC Quote), the bank offers the person free trading, Cramer told his next caller. However, the person doesn't get as high an interest rate on the $25,000.

Although there is no free trading at other financial firms such as Charles Schwab (SCHW Quote), TD Ameritrade (AMTD Quote) and E*Trade (ET Quote), Cramer believes that these stocks can be bought because, after having researched Bank of America's trading offer, Cramer said he's decided "it's not that good."

He said his favorite out of the group is Ameritrade, and his favorite brokerage stock is Goldman Sachs (GS Quote), which he owns for his charitable trust, Action Alerts PLUS.

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