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Toyota Motor

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is a stock which fluctuates backwards and forwards and has "no real progress," Jim Cramer told listeners of his

"RealMoney" radio show Wednesday.

But on Tuesday, there was "an inkling" that the company is going to come out of its range to move to the upside.

Toyota reported sales up 25% in a month, whereas other car companies were "frantically trying to cut back," he said. Although Toyota is not cheap and "has its own periodic quality problems," it has the right cars.

While companies such as

General Motors

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(F) - Get Ford Motor Company Report

are "losing money in America, Toyota is making money," Cramer said.

Toyota is not a speculative stock, but a "great company and a great stock," he said, adding that he believes that it's going to take out its high by the end of the year.

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There is a "ridiculous amount" of skepticism surrounding the


new high, but Cramer, who used to be "a long-standing critic" of the Dow, believes that over the last decade, the index's changes have "done much to capture the real economy and make it very representative."

It has the most important barometers of the retail, pharma, financial, industrial and technology sectors. It is underrepresented in oil, but this is because there was "a big run in petroleum," Cramer said.

"The ramp in the Dow is for real," he said. "It says the rest of the market is going higher, and you should be in stocks."

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.

Jim 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

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