"One set of stocks I perpetually get asked about is
Sirius Satellite Radio
XM Satellite Radio
( XMSR)," Jim Cramer said on his
"RealMoney" radio show Thursday.
Sirius has become one of his top three favorite speculative stocks. It has joined the ranks of
Level 3 Communications
, Cramer's other favorite speculations.
has a $17 billion market cap, and yet it has no growth, Cramer said.
"On Wall Street we care more about growth than assets," he said. "On Wall Street we want the kind of company Mel Karmazin has with Sirius."
In a high-growth company, what Cramer looks for is free-cash flow. For its fourth quarter and many more quarters, Cramer believes that Sirius will have positive free-cash flow.
In addition, the acquisition costs are coming down at Sirius, and "it could have hundreds of thousands in advertising revenue in the next few years" and more subscribers, Cramer said.
"If you're in XM Radio, you should sell it because Sirius is the main play in this group," he said. "Sirius is not worth selling, not one bit. Sirius is worth buying."
has been a "consistent gainer for the last three years," and people are starting to take notice, Cramer told viewers.
The company has a lot of oil in the ground and doesn't miss its quarters, he said.
As "Exxon has been so consistent in this period, it keeps going higher," Cramer added. "If the oil stocks fall out of favor for a while, Exxon is the one you want to buy."
It is now the "anointed oil" company and the one Cramer is focused on.
For the longest time there was a belief that natural gas was coming down, so companies exposed to it went down. But now that natural gas has started to go up, it is taking
up with it, Cramer said. He owns the company for his charitable trust,
Action Alerts PLUS.
Halliburton is a stock that market players should look at, he said.
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 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
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