RealMoney Radio Mailbag: Video Game No-No
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.
Do you think buying Sony (SNE) - Get Sony Corp. Report is a good way to play the video game cycle?-- Bob from West Virginia
James J. Cramer:
No, I don't. While Sony's video game division is absolutely dynamite, the rest of the company is in extremely competitive businesses and not making a whole lot of money. My favored way to play the videogame cycle is through retailer
GameStop
(GME) - Get GameStop Corp. Class A Report
, a stock I own for my charitable trust,
TheStreet Recommends
.
Jim, is Best Buy (BBY) - Get Best Buy Co., Inc. Report going to have a good holiday season?-- Wendy from California
James J. Cramer:
Between the Xbox 360 release, the gadget craze, solid PC sales and the strength in flat panel televisions, Best Buy is likely to have a very good holiday season. I believe Best Buy can be bought here because it's a solid value, trading at about 22 times earnings. It's also worth noting that I believe it's best of breed in the electronics retail space.
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