Listeners lit up the
"RealMoney" radio show phone line Wednesday, with the first caller asking Cramer about
Cramer owns URS for his charitable trust
Action Alerts PLUS. He said that the stock is hitting a 52-week high and that the company mentioned two streams of business that look strong going forward.
URS, one of largest infrastructure plays around, said that its defense business is on fire, including lots of maintenance work that is available. The company has a smokestack-cleaning mercury scrubber; and it believes that this business also has the potential to be huge.
Cramer said he believes that the stock could go to $55 from its current level near $48.
reports earnings next week, and Cramer said that he expects the company will beat expectations.
However, the stock has gone up 50% in the last year, and 33% year to date, and the expectations for Deere are high, he said. So Cramer told a caller that he would put half of his position on now and then hope the stock comes in.
If it runs higher after it reports, a gain is still made.
Cramer said that he also likes
Archer Daniels Midland
He said that he is pleased by the growth that he's seen in
, but that he would rather buy
, which he also owns for his trust.
He likes the products made by Citrix, a company that like Informatica makes infrastructure software. Informatica is an interesting $15 stock, he said, but Citrix is the faster grower and has better management.
A caller wanted to know if the upcoming
stock split should affect his decision whether or not to buy. Cramer said that FedEx, along with
, is a terrific freight forwarder.
If FedEx's stock splits, then it means that investors will have two shares for every share owned. While this doesn't necessarily create a lot of value, it does if the stocks go higher.
But Cramer said that he would own FedEx, regardless of a split, because it's one of the best stocks to own in this space.
is seeing lots of sellers and the company's latest quarter has revealed that its expenses have risen too fast, Cramer said.
The company bought mutual funds from
, which he felt was a good move, but spent too much on promoting them.
The stock is down and the damage is likely done, he said, but he would not confidently recommend the stock.
A caller said that
has jumped 14.5% since he bought it; and he wanted to know whether to sell some of his position or to hold onto the stock.
Cramer said he would be more conservative and take some off the table. He also said that he believes
has run its course.
The company is based in Baton Rouge, La., and has received a lot of business in the wake of Hurricane Katrina. But Cramer said that it consistently overpromises and seriously underdelivers.
He said he would recommend URS and
instead of Shaw. He owns both of these picks for
Action Alerts PLUS.
He said that
is a big, boring company, just like
. He added that it just doesn't give a bang for the buck, and that he would swap out of it.
Finally, he said that he would wait for
to hit $11 before buying more, and that right now he prefers
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 Foster Wheeler, Citrix Systems and URS.
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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