is directly related to housing, and therefore not doing well, Jim Cramer told a caller on his
"RealMoney" radio show Wednesday.
There was a devastating press release from
this morning that stated there is far too much inventory, he said.
"We don't need to build as many houses in this country, Cramer said, adding that "concrete is going to go lower."
is "a multifaceted conglomerate that is growing at 12% with a management that is heavily devoted to making you money," Cramer told another caller, adding that he can see
buying the company in a heartbeat.
"It's a keeper," he said.
is a company Cramer said he wishes he had not sold.
GameStop, the single biggest place to buy PlayStation, Nintendo and Xbox, should be bought on any pullback, he said, adding that he likes it now at $44.
When a caller inquired about
, Cramer called it the "great speculative play in this market."
The nonspeculative play is to go buy
, but Yamana is more of a secretive story, said Cramer.
Right now at $10, Yamana is a buy.
Cramer advised a caller to get out of
and get into
When a caller asked about
, a stock he owns for his charitable trust,
Action Alerts PLUS, Cramer recommended double downing here.
He believes that UnitedHealth will be vindicated on its options backdating scandal and said that now is an opportunity to get into it.
"UnitedHealth is going to $60 a share," he said.
Although an analyst downgraded
, Cramer told a caller he heard a lot of good statements from the company Wednesday and would stay in the game.
He said that people don't consider
a serious company because it trades at $2 a share, but he suggested that a caller go buy some.
Cramer told another caller to hold
, predicting that it will go to $30 before it starts moving down; and he told a separate caller that because there is a gigantic rig shortage, the play in the sector is
National Oilwell Varco
Bancolombia was recently at $28.67.
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 United Health and United Technologies.
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
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