"If you can't give me growth, I'm not interested." That's what the market is saying about the big three corporate breakups seen in the last couple of weeks, Jim Cramer told his

"RealMoney" radio show listeners Friday.

Cendant

( CD),

Viacom

(VIA) - Get Report

and

Tyco

(TYC)

are being split up out of frustration over sluggish growth and underperformance, and that frustration isn't vanishing anytime soon, Cramer said.

They thought that if they cobbled these pieces together we'd want to buy the end product. And they were wrong, he said.

"Now they think if they split them up, then we'll want to buy. And they'll be wrong again."

This is one time that the market is being "somewhat intelligent," Cramer said. The market sees that we wouldn't have to deal with these new pieces if the companies themselves had been better before the breakups, he said. Moreover, it sees that the pieces aren't going to grow faster after the split-up,

"And if any of these properties were more interesting, they would have been snapped up," he said.

So, if you expect these stocks to pop after management throws up its hands and says "We don't know what we're doing," it's not going to happen, Cramer added.

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Big institutional buyers don't want pieces of undervalued paper, Cramer said. They want pieces of paper that represent assets of companies that grow incredibly fast.

This is why names like

Yahoo!

(YHOO)

and

Schlumberger

(SLB) - Get Report

must be owned no matter the price because they have great growth prospects.

Lightning Round

Cramer was bullish on:

Anglo-American

( AAUK),Yahoo,

Abraxas Petroleum

(ABP)

,

Dresser-Rand

(DRC)

Tata Motors

(TTM) - Get Report

and

Humana

(HUM) - Get Report

.

Cramer was bearish on:

Randgold Resources

(GOLD) - Get Report

and

Compania de Telecomunicaciones

(CTC)

.

Cramer Unstumped

Will Gabrielski from

TheStreet.com's Stocks Under $10 newsletter joined Cramer to give him the lowdown on the stocks that stumped him on

Thursday's show.

Canadian Superior Energy

( SNG) was the only stock in the bunch that appealed to Gabrielski.

The company recently started a coal bed methane operation that helped grow production by 27% year-over-year in 2005, Gabrielski said. Plus, it has an interesting property in Trinidad, where much of the world's natural liquid gas comes from. It will begin drilling in 2006.

But he said that he still prefers

Vaalco Energy

(EGY) - Get Report

, a Houston-based company that operates in Gabon.

He said that it trades at 4.5 times cash flow, and that its good relationship with the government in Gabon has helped it net a five-year extension to continue to drill in a field where it has had some success.

But at $5, Gabrielski said he'd start booking gains.

He said that he'd steer clear of

Northern Dynasty

(NAK) - Get Report

, which he said doesn't have any real revenue at this point.

He said that it's interesting as an asset play, but that there's no way to know how hard it would be to actually extract from the ground the minerals it claims exist in Alaska.

Gabrielski said that the Stocks Under $10 group just closed out a successful position in

Capstone

(CPST) - Get Report

, booking gains after a nice run.

401(k) Fix-Its

During the show's 401(k) segment, Cramer urged a listener to purchase

(FCNTX) - Get Report

Fidelity Contrafund, even though he cannot pick it up through his

Ameritrade

(AMTD) - Get Report

account.

"Just go right to Fidelity and do it," Cramer said. "I like to have my assets all on one piece of paper -- it's true. But I'm not going to sacrifice good returns for ease of paperwork."

He emphasized that it's important to be with the right manager, and that Fidelity Contrafund's Will Danoff is one of the best around.

He told another caller that he would wait before getting into

Charles & Colvard

(CTHR) - Get Report

.

He said that he believes that there's nothing wrong with the company, but that diamonds are usually purchased at year-end. So, he would wait until next year, when he thinks the stock will really move again.

He discussed gold with another listener, saying that two major revenue streams have boosted the price of the precious metal.

The first is from OPEC nations looking for a place to put money, since being in a particular currency seems unappealing. The other stream is from demand for the physical metal from India and China.

Gold is at $528 and is going much higher, he said. That's why Cramer bought Anglo-American, one of the world's top gold-mining companies, for his

Action Alerts PLUS portfolio. It also owns 40% of diamond giant DeBeers.

Finally, he told a listener who wants to buy Ameritrade stock for its upcoming dividend that he'd sell half his position in

Advanced Micro Devices

(AMD) - Get Report

and use the money to buy Ameritrade. However, he told the caller, he would hold on to

Chesapeake

(CHK) - Get Report

.

At the time of publication, Cramer was long Ameritrade, Anglo-American and Yahoo!.

James J. 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. While he cannot provide personalized investment advice or recommendations, he invites you to send comments on his column by

clicking here. 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."