RealMoney Radio Mailbag: Stocks of Steel

A listener learns how Cramer would play this commodity's boom.
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Editor's note: The following are questions received from listeners of "RealMoney Radio." To send Cramer a question about topics from his radio show, click here. Listen to Cramer's latest radio show by clicking here.

What is your outlook for the steel industry?-- Bhavesh from New York

Jim Cramer

: Right now I like the equipment makers and infrastructure companies better than the commodity companies themselves because the commodity companies have been bid up so much this year. Companies like

Terex

(TEX) - Get Report

and

Caterpillar

(CAT) - Get Report

are currently selling everything they can produce, and I would rather be levered to that than to daily commodity price changes that can bounce metals stocks around like jumping beans.

Will the Sony (SNE) - Get Report Playstation 3's pricing lead to more sales for Microsoft (MSFT) - Get Report, which makes the competing X-box 360?-- Adam from Illinois

Jim Cramer

: It may seem counterintuitive, but I don't believe Microsoft, which I own for my

ActionAlerts PLUS charitable trust, will receive much of a benefit from Sony's high launch price for the PS3. The people buying these systems at launch do not care about price, as evidenced by the ridiculous prices paid for the Microsoft Xbox 360 at launch.

Want more Cramer? Check out Jim's rules and commandments for investing from his latest book by

clicking here

.