Cramer's 'Mad Money' Recap: Keep On Truckin' With Toyota

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Toyota Motor (TM Quote) is the automaker that should outshine its competitors, Jim Cramer told viewers of his "Mad Money" TV show Wednesday.

"Enough with Ford (F Quote), General Motors (GM Quote) and DaimlerChrysler (DCX Quote)," he said. Toyota is the stock people should be buying here.

Cerberus, the private-equity firm that is buying the Chrysler division, will most likely close plants, shrink the company and embrace the concept that Ford and GM have already taken a crack at: "It's going to become a teeny-tiny auto company," Cramer said.

"There is only one large company that will be left when this is through, and that company is Toyota Motor."

Toyota, which he owns for his charitable trust, Action Alerts PLUS, is the only winner here, Cramer said. It's the only "growing and improving" large-car company in this country.

Toyota has been declining straight down, and now it deserves to go higher, he said. The company got hammered because it didn't blow its numbers away. But Cramer doesn't believe that's a big deal. The company, he iterated, is growing, and "Wall Street craves growth."

Toyota's problem was its most recent quarter, for which it announced a decline in operating profit. But this was only because Toyota is spending to ensure future growth, Cramer explained. The other companies -- DCX, GM and Ford -- are shrinking production, and Toyota is here to fill the gap, he said.