RealMoney Radio: Airlines Ready for Takeoff

"The airlines are ramping furiously," Jim Cramer said on his "RealMoney" radio show Tuesday.

Out of these stocks, Cramer said his favorite has been UAL (UAUA Quote). Also, he called Continental Airlines (CAL Quote) a "terrific company" and said it is going up.

Moreover, Cramer believes that the airlines are not going to quit for the rest of the year because they are in acquisition mode.

"There are so many ways to win," he continued. "This market is going higher."

Although hardware retailer Lowe's (LOW Quote) was downgraded by analysts and had a bad quarter, the stock did not go down, said Cramer.

This tells him one thing -- that "the worst is over for Lowe's, just as the worst is over for homebuilders."

Lowe's is "hated," but it went up after reporting a bad quarter because people are being too negative, he said. "It is done going down," Cramer said.

In addition, two stocks, which are up about $4 each and deserve a closer look are Medtronic (MDT Quote) and Deere (DE Quote), Cramer continued.

Cramer believes that Deere is going up because of how the agriculture market is performing and that it has "a monster short position that isn't working out." Cramer recommended taking some Deere off the table, as "it has had a miracle run."

"Ring the register on half of your position if you bought it on my recommendation," he said. "But, don't sell it all."

But Cramer advised against selling Medtronic, saying the stock is "finally going to start rolling" after reporting a good quarter.

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