Apple

(AAPL) - Get Report

and

Electronic Arts

(ERTS)

are two companies that are within six months of having their fortunes turned, Jim Cramer told a caller on his

"RealMoney" radio show Wednesday.

Even though Apple is up 21%, he advised the caller to stick with it.

These companies, which were supposed to challenge

Microsoft's

(MSFT) - Get Report

Vista product, no longer have that threat to worry about.

Since the Vista alternative is not here, and there is no confidence or clarity from Microsoft as to when it will be here, he believes that Apple could go from $68 to $75 and that Electronic Arts could go up as well.

Cramer also believes that the two companies will benefit from a great back-to-school season.

When a caller inquired about

Saks

(SKS)

, Cramer advised swapping out of the retailer going into

J.C. Penney

(JCP) - Get Report

.

Cramer told another caller to sell

Cendant

(CD)

, even though it is down.

And though an analyst at

Merrill Lynch

recently downgraded

Halliburton

(HAL) - Get Report

, which Cramer owns for his charitable trust,

Action Alerts PLUS, Cramer does not believe that the stock is finished going up.

The analyst downgraded the stock because he said that natural gas keeps going down, but the analyst turned out to be wrong, Cramer said.

In addition, Cramer said that Halliburton has a gigantic infrastructure business and he believes it is going from $34 to $39.

When a caller asked about

GlaxoSmithKline

(GSK) - Get Report

, Cramer said it is one of the best-run companies he follows.

He recommended taking advantage of GlaxoSmithKline's weakness and buying some of it, saying that the problems the company is facing are of a short-term nature.

Cramer told a caller that

Chico's

(CHS) - Get Report

, which is down 50% this year, is a surprise to him.

Two retailers Cramer said he likes are

Sears

(SHLD)

and

J.C. Penney

, which are both buying back stock.

Cramer owns Sears for his charitable trust,

Action Alerts PLUS.

Cramer admitted to a listener that he was wrong about

Dow Chemical

(DOW) - Get Report

, saying that it's been locked into the really expensive natural gas and so its raw costs have not come down.

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 Sears Holdings and Halliburton.

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. 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." While he cannot provide personalized investment advice or recommendations, he invites you to send comments on his column by

clicking here.

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