RealMoney Radio: Rally 'Round Arena

Sherwin-Williams (SHW Quote) is going to win its lawsuit over lead paint, Jim Cramer told a caller to his "RealMoney" radio show Tuesday.

However, after listening to the company's conference call he believes that "the big gains have been had here."

Cramer suggested taking gains and selling the stock.

"Staples (SPLS Quote), makes a lot of sense to own," he told another caller.

Cramer advised listeners to swap out of Office Depot (ODP Quote) and OfficeMax (OMX Quote) and to get into Staples.

Responding to his next caller, Cramer said he would buy more Charming Shoppes (CHRS Quote) if it went down a dollar. Charming Shoppes was recently trading at $14.74.

Cramer believes that the stock will move and likes it very much, especially because the holiday season is upon us.

Arena Pharmaceuticals (ARNA Quote) is "reacting poorly to a recent downgrade," but that downgrade was a "mistake," Cramer said.

"I would buy 100 shares here and buy another 100 if it gets hit when it reports later this week," he said.

Cramer called Arena a "great speculative stock" and said he wasn't going to back down from it.

He told another caller he believes that DivX (DIVX Quote), which was recently trading at $25.29, will make it to $30.

However, because the caller had seen a four-point profit, Cramer recommended taking a little off the table and allowing the rest to run.

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.