right here because it is going to make people money, Jim Cramer told a caller on his
"RealMoney" radio show Friday.
The company's two competitors
are more expensive, and that doesn't make sense, he said.
When a caller asked about
, Cramer said the company finally did what he wanted it to do, which is a reverse-split.
But, the testing and measurement business that the company recently bought "is not doing well," he said. However, as the company was "adamant" that the business is doing well, JDSU has moved higher.
Cramer said that people who own JDSU are OK, and he would own that stock until it goes to $20 and then would sell it. JDSU was recently at $16.36.
"It is OK for a trade," he said.
is a pure housing play, Cramer told his next caller to get out of it.
are the only housing-related companies he said he likes.
"Suddenly everyone has turned on
and is worried about it," Cramer said, responding to another caller.
Advanced Micro Devices
are better tech stocks, he said.
"There are not a lot of reasons to own Intel," he said.
are two other tech stocks Cramer said he likes better then Intel. Cramer owns H-P for his charitable trust,
Action Alerts PLUS,
, "everyone is freaking out because it is in housing" and not diversified, Cramer told a caller.
But Warren Buffett, an investor Cramer admires, is a big buyer of this stock. Because the stock is "too cheap" and Buffett is buying it, Cramer said he would buy it as well.
Responding to his next caller, Cramer said although
was "very poorly run," he has a sense of conviction that the company's new CEO Alan Mulally, who turned around
, "will turn around Ford."
He advised the caller to buy half his position of Ford now and to buy the other half later.
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 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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