"The restaurant group has been very soggy because gas prices are high," said Jim Cramer on Tuesday's "Stop Trading!" segment on CNBC.

On Friday, he recommended

CKE Restaurants

(CKR)

, which operates Carl's Jr. and other chains and which Cramer said is "gigantically behind the rest of the group."

"I think this is also a call on gasoline peaking," he said. "I think gasoline comes down."

Cramer's secret play on the iPhone was

Skyworks

(SWKS) - Get Report

, which he said makes the chips that go inside the smart phones. "I'm always surprised when the iPhone sales are up that people don't reach for Skyworks," he said.

Another tech pick was

Qualcomm

(QCOM) - Get Report

, which Cramer owns for his

Action Alerts PLUS

charitable trust. "It is so rare these days that you hear estimates are too low," he said. "It has been totally trapped at this one price, and perhaps it's breaking out."

Fortress Investment's

secondary offering is "kind of secondary that makes Wall Street look bad," said Cramer. "I really think that the bankers sided with Fortress against the shareholders that bought it."

He said he doesn't like

Regents Financial

(RF) - Get Report

. "This one looks really, really awful, " he said.

At the time of publication, Cramer was long Qualcomm.

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

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