RealMoney Radio: Falling Too Far Too Fast

Cramer says investors eschew Google -- and Yahoo!, which he calls the best opportunity in tech.
Publish date:

The first caller to Jim Cramer's

"RealMoney" radio show Tuesday asked about



, which was highlighted in a


story last week.

"The article was very, very fair," said Cramer, adding that the story focused on the quality management of CEO Terry Semel and CFO Susan Decker.

"I am an owner of Yahoo! for my trust," Cramer said.

He added that Yahoo! has fallen too far and too fast and that a lot of people are giving up on it as well as the other Web behemoth


(GOOG) - Get Report


Cramer particularly likes Yahoo!'s plan of using excess capital to buy back stock. "It's the best opportunity in technology," he said.

The second caller had inherited some





(T) - Get Report

stock and wanted to know whether to keep or sell those the shares.

"A lot of people feel that the economy is slowing, and utilities like those two companies tend to do well in an economic slowdown," Cramer said. He told the caller that she didn't need to own both stocks and should probably sell her stake in BellSouth.

Cramer used the opportunity to mention that AT&T was a better choice for investors than rival telecom giant


(VZ) - Get Report

and urged listeners to switch out of the stock.

The next caller asked whether he should switch out of

Bank of America

(BAC) - Get Report


J.P. Morgan Chase

(JPM) - Get Report


The caller had bought the stock higher than its current price and hence had lost some value over the past two weeks.

Cramer was undeterred. He said the current price weakness was a great opportunity for investors with fairly low-risk tolerance to purchase a high-quality stock.

He was also keen on


(C) - Get Report


The next caller asked about



. Cramer noted that Motorola was in head-to-head competition with Finnish company


(NOK) - Get Report


Although Cramer likes both stocks, he favors Nokia in part because of the $1.4 billion in stock that the company bought back in the last quarter.

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 He contributes daily market commentary for's sites and serves as an adviser to the company's CEO. Outside contributing columnists for and, 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. While he cannot provide personalized investment advice or recommendations, he invites you to send comments on his column by

clicking here. Listen to Cramer's RealMoney Radio show on your computer; just click

here. Watch Cramer on "Mad Money" at 6 p.m. ET weeknights on CNBC. Click

here to order Cramer's latest 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."