The satellite-radio stocks are a screaming buy, Jim Cramer said Wednesday on CNBC's Stop Trading! segment.
Cramer said he prefers
, but he believes
is also worth owning in the wake of Monday's $4.57 billion merger plan.
Cramer said he expects the Republican-controlled Federal Communications Commission to hold a "show trial" approving the deal, which Cramer said "would not pass muster" were the Democrats in control.
Cramer said a merger will allow the combined company to raise prices and to stop wasting money by bidding against each other for on-air talent. "I just think it's great," he said.
Cramer also likes
, saying the stock is down Wednesday only because "the shorts have to push this down" given their huge bets against the maker of plastic shoes. Cramer called the company's latest quarter "great" and said "licensing money was through the roof." He predicted shorts will be "crushed."
Cramer really likes cyclical stocks such as
, which he likened to "dot-com stocks with real companies behind them" due to breakneck mutual fund buying. Cramer said deep-pocketed buyers will take Deere to $130 from a recent $116 and Terex to $100 from a recent $71.
At the time of publication, Cramer had no positions in stocks mentioned.
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. Watch Cramer on "Mad Money" weeknights on CNBC. Click
here to order Cramer's latest book, "Mad Money: Watch TV, Get Rich," click
here to order his 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
TheStreet.com has a revenue-sharing relationship with Traders' Library under which it receives a portion of the revenue from Traders' Library purchases by customers directed there from TheStreet.com.