"I believe in another environment where people weren't so scared,
would have gone up to $60,
whereas it's at $45 now," Jim Cramer said to a caller on his
"RealMoney" radio show Tuesday.
"Tune out the noise and stick to your guns," he told the caller. "I would wait 5 points before I bought any more. But I would buy, because it's cheap."
When a listener asked about
Cramer said he's not sure when the stock is going to be finished going down but called the company "smoking good."
Cramer said he is not going to back out of the aerospace industry, as that sector is in a multi-year cycle.
When asked about
, Cramer said that although he believes Marriott is a good company, he believes
is doing better and advised the caller to swap out and go into Hilton
, a "call-option on copper," is a very good company, Cramer said. But it is a speculative stock.
People who bought the stock a year ago are ringing the register, and people who bought it a month ago at a higher price are hurting, he said.
"I don't want to give up on it," Cramer said. "But you have to understand that there are people who want out."
When a caller asked about
, Cramer sent the caller to
, which he said has much better growth and is a better quality company.
Cramer told a caller
was not his type of stock and told a separate caller that
Electronic Data Systems
is a very well run company. Let Electronic Data come in a little and buy some more because it's a little expensive right now, he said.
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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