RealMoney Radio: Coming Up Comcast

Cramer says subscribers are rolling in among all its ventures.
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Jim Cramer told his

"RealMoney" radio show listeners Thursday that

Comcast

(CMCSA) - Get Report

loves its subscribers now that it has seen subscriptions jump across all of its ventures.

The stock is soaring, he said, and the company has finally rolled out its "triple play" package of high-speed cable, phone and cable-television products.

While the big increase in subscriptions may be bad news for its archrival phone companies, he said that it's great news for

Yahoo!

(YHOO)

and

Google

(GOOG) - Get Report

. He owns Yahoo for his charitable trust

Action Alerts PLUS.

Every time there's a new high-speed Internet user, he said that it means more traffic for those two companies.

Yahoo reported a very good quarter but only went up a dollar. Now is the time to buy the stock before it starts to run up, Cramer said.

Warming Up to China

Even though many listeners think of Hollywood stars when they think of what's hot, Cramer thinks of China.

The economy over there is "so darn hot that its central bank raised interest rates to cool things down," he said. And he noted that when the benchmark rate when to 5.85% from 5.50%, people began to freak out and countries that sell raw goods to China were thrown away.

China has grown 10% since January, four times as fast as the U.S. over the same period, he said. The fear is that if China's economy slows, it will slow the global economy, because the country buys lots of raw materials to produce all the finished products that it sells around the world.

But Cramer said that this rate hike won't really slow anything. So, he said it would be OK for listeners to pick up all the mineral stocks getting hammered on news that China raised its interest rates.

Taking a closer look at the headlines, Cramer noted that

The Wall Street Journal

reported that the fiber glut created in the late-1990s rush to build a bigger, better telecommunications network is close to being filled up.

That means demand is finally catching up to supply, he said, and that the Internet is being globally adopted.

He said that it also means that it's time to take a look at

Ciena

(CIEN) - Get Report

,

JDS Uniphase

(JDSU)

,

Level 3 Communications

(LVLT)

and

MRV Communications

(MRVC)

.

Conexant

(CNXT) - Get Report

also reports after the closing bell, and he believes it will do well. If it sells off despite good numbers, he said he would pick it up because it's worth owning.

XM Satellite Radio

(XMSR)

was hit by an investigation into its finances, and Cramer said he would stay away from the stock on that news and on its latest earnings announcement. He added that this could weigh on

Sirius

(SIRI) - Get Report

as well.

And even though

Boeing

(BA) - Get Report

reported a good quarter and said it will retire old planes and bring them in for service, he said that the play is in smaller companies like

AAR

(AIR) - Get Report

.

AAR will do the actual servicing, he said, and the news won't significantly move the stock of a company as large as Boeing.

To see the most recent edition of The RealMoney Radio Recap in its entirety, please click here. This recap is published every day around 3 p.m. ET.

At the time of publication, Cramer was long Yahoo!

James J. 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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