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RealMoney Radio Recap: Election Fright

 

"The Street lost faith in these guys and decided that the bid for Disney (DIS) was just some sort of desperate gambit to grow when growth was tapped," he said.

Comcast went through a period where it had to hear how it was being beaten by Verizon (VZ) and EchoStar (DISH), Cramer went on to say.

"They were considered buffoons for trying to make a plain old cable business into a real growth story," he said.

But now, it must be "sweet" to work there. The triple play, technology and service are all driving the stock, and "the growth of Adelphia is ahead of them," Cramer said.

It is not too late to get into Comcast, he added. "There's too much growth ahead, too much profitability and too much belief."

"The future is so bright."

Every week readers of TheStreet.com vote on the stock they most want Cramer to talk about. This week's "Cramer on Demand" stock was Norfolk Southern (NSC).

The company reported a "very good" quarter on Wednesday, he said. But the stock has moved up too much, and Cramer only recommended pulling the trigger on a pullback.

Cramer's Callers

As Black & Decker (BDK) reported a good quarter today, Fortune Brands (FO) should as well, Cramer told a caller.

"I believe Fortune Brands is going higher," he said.

Responding to another caller, Cramer said he did not agree with a recent downgrade issued to Arena Pharmaceuticals (ARNA).

People should be in this stock for its cancer and obesity drug, as "near-term earnings have never been an issue for biotech stocks," he said.

"When you see this type of decline in such a stock, you must pile up on it," Cramer advised.

Chipotle (CMG) is "here to stay and is very well run," he told his next caller.

In regard to Lennar (LEN), Cramer told a caller it is a "great homebuilder."

But because it's had a big run, Cramer advised taking a little off the table and allowing the rest to run.

Cramer told another listener he "vastly prefers" Goldman Sachs (GS), which he owns for his charitable trust, Action Alerts PLUS, to Wells Fargo (WFC).

Here's your chance to pick the stock you'd like me to feature on my radio show Nov. 2.
AT&T
Corning
Monster
Netflix
Pulte Homes
Whole Foods

REMEMBER to listen in on Thursday for my take on the stock that wins this poll!

>To order reprints of this article, click here: Reprints

At the time of publication, Cramer was long Goldman Sachs.

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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