Disney is a "terrific buy when it pulls back to $31," Jim Cramer told a caller on his
"RealMoney" radio show Friday.
"It is a pullback that must be bought," he said.
The company's theme parks and TV are performing well, but as Disney is up significantly, Cramer advised people to wait for a pullback and then buy the stock.
Responding to his next caller,
is bottoming, Cramer said.
However, there are still six months to go before this stock starts making people money, he said. Cramer recommended staying away from the stock for now, but said it is definitely in the process of bottoming.
When a listener inquired about
, Cramer commented that the company's conference call was "somewhat glib," given the worries that so many market players had about the stock.
That is why he said he was "queasy" about recommending the stock; he believes there is something wrong with it.
Much of what Cramer told a caller about what he liked about
was its coming merger with
Although he believes that the deal will still close, it hasn't happened yet because of regulation.
"The upside is capped unless Congress sees the error of its ways and lets this deal go through," Cramer said.
Until the deal closes, which it will, he doesn't believe that people will see much upside.
Las Vegas Sands
is "a stock people want to own because they know that Macau is gigantic," Cramer told another caller.
However, because LVS has gone up too much, Cramer won't touch it right now.
When a caller asked about
Vornado Realty Trust
, Cramer called the company's CEO Steven Roth "one of greatest real estate investors of all time."
Vornado is "a multiyear story," he continued. "I would not sell it."
Cramer said he would buy 25 out of 100 shares now and wait for the stock to come in to buy the rest.
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