New York Stock Exchange
is a good blue-chip stock to buy, Jim Cramer told a caller on his
"RealMoney" radio show Tuesday.
, which Cramer owns for his charitable trust,
Action Alerts PLUS, and
is the type of stock people can buy and put away because it has a long-term story, he said.
Responding to his next caller, Cramer said that although
is down a "gigantic amount," he believes that the stent business is a "good business" because a lot of people don't want to take pills.
Down 39% in the last year, Cramer said Boston Scientific "is just too cheap," and he wants to own it. However, if people want to hedge their bets against the stent business, he suggested buying
Johnson & Johnson
, which he owns for his charitable trust,
Action Alerts PLUS, instead.
has started to lift its price, Cramer told another caller he no longer has a problem with this stock.
When a caller asked why
sells so low when compared with
, Cramer said it's "because Gateway has not made any money in many, many years."
People have given up on this stock, said Cramer, who told the caller he'd much rather see market players in Apple even though it's up, because "it represents better value."
Cramer told his next caller that he considers
the "best run bank in Brazil."
And when a listener inquired about
, he said the bottom should come to this stock shortly.
Cramer called Harris a "dynamic communications company," and said that its fundamentals are good.
"I think it's a good situation, and I like the stock very much," 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.
At the time of publication, Cramer was long Sears and Johnson & Johnson.
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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