RealMoney Radio: MasterCard Malaise

Cramer says market fear has kept a lid on this stock.
Author:
Publish date:

"I believe in another environment where people weren't so scared,

MasterCard

(MA) - Get Report

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

Grey Wolf

(GX)

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

Marriott International

(MAR) - Get Report

, Cramer said that although he believes Marriott is a good company, he believes

Hilton Hotels

(HLT) - Get Report

is doing better and advised the caller to swap out and go into Hilton

EuroZinc Mining

(EZM) - Get Report

, 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

ConAgra Foods

(CAG) - Get Report

, Cramer sent the caller to

Pepsi

(PEP) - Get Report

, which he said has much better growth and is a better quality company.

Cramer told a caller

Cisco Systems

(CSCO) - Get Report

was not his type of stock and told a separate caller that

Electronic Data Systems

(EDS)

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

Action Alerts PLUS. Listen to Cramer's RealMoney Radio show on your computer; just click

here. Watch Cramer on "Mad Money" at 6 p.m. ET weeknights on CNBC. Click

here to order Cramer's latest book, "Real Money: Sane Investing in an Insane World," click

here to get his second book, "You Got Screwed!" and click

here to order Cramer's autobiography, "Confessions of a Street Addict." While he cannot provide personalized investment advice or recommendations, he invites you to send comments on his column by

clicking here.

TheStreet.com has a revenue-sharing relationship with Traders' Library under which it receives a portion of the revenue from Traders' Library purchases by customers directed there from TheStreet.com.