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Jim Cramer's Stop Trading!: Loving Lampert

Cramer says Sears Holdings remains a buy.

Ed Lampert is the "Warren Buffett of his generation" and his

Sears Holdings


remains a buy, Jim Cramer said on


"Stop Trading!" segment Wednesday.

"The guy's for real," Cramer said of the hedge fund manager who engineered Kmart's acquisition of Sears. "The buyback is for real, the numbers are for real. The naysayers are not for real."

Cramer praised

First Marblehead


, citing commentary from's Tom Brown. "Never before in this company's history has so much production been under long-term contracts," Cramer said.



is benefiting from a strong market for cable modems and should "breach $4 within the next couple weeks," he said.

Looking broadly at the market, Cramer lampooned bears who say valuations are getting dangerous. "Oil stocks are selling at single-digit multiples -- that's real risk," Cramer quipped. He said

Goldman Sachs


should trade for 15 times earnings but instead trades for 10.

Commodity stocks are like homebuilders three years ago, with everyone believing they're cyclical when in fact they have become secular stories ripe for multiple expansion, Cramer said.

At the time of publication, Cramer owned Sears Holdings in a charitable trust.

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