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RealMoney Radio Recap: Go Get Some Google

Cramer says that the stock is going higher, so don't miss out. Also, honesty as policy.

Those who own even one share of

Google

(GOOG) - Get Alphabet Inc. Class C Report

, are up $30 today, Jim Cramer said on his

"RealMoney" radio show Friday.

Market players who thought Google's purchase of

YouTube

was not a good move were wrong, he said

This is the most profitable company quarter he has seen in ages, Cramer said.

The only other stock he cares about is

Apple

(AAPL) - Get Apple Inc. (AAPL) Report

, which is also going up, he said.

People may think they are paying too much for Google because it is a $450 stock. If this is the case, Cramer told market players to pretend it's a $45 stock that they are buying 10 shares of.

He believes that this stock is going higher and he doesn't want people to miss the opportunity to buy Google now.

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However, he warned investors to be careful with

Yahoo!

(YHOO)

, which he owns for his charitable trust,

Action Alerts PLUS.

This stock is going from $22.93 to $21, if it doesn't change management soon, Cramer said.

Something that could make people money in the stock market is if the

Fed

cuts interest rates, but there are talks it might pause, or worse, it might raise rates, he said.

There is one company that might be able to stop the Fed from raising rates and this company is

Caterpillar

(CAT) - Get Caterpillar Inc. Report

, Cramer said. The company, which is feeling the blow from the homebuilders and which led the

Dow

up, has such high visibility that it could, in Fed mindset, hold off the next tightening.

"I can't tell you how many companies want interest rates to come down," he said. "But I'm not sure this is going to happen and that worries me."

Caterpillar is going down, Cramer said.

Honesty as Policy

Those in the media are failing to communicate to the public the true nature of certain CEOs because they are too worried about the repercussions of doing so, said Cramer.

This is a problem, Cramer said.

Ten years ago, when Cramer started

TheStreet.com

, he said that he and the rest of the people at the company "vowed to give the inside skinny about what really goes on, on Wall Street."

"We revealed a lot about how trading works," he said.

However, other media outlets did not pick up on

TheStreet.com's

method of telling the truth.

Cramer said, unlike other media, he does not care about getting

Cisco's

(CSCO) - Get Cisco Systems, Inc. Report

John Chambers on his show. He didn't try to land

Bristol-Myers'

(BMY) - Get Bristol-Myers Squibb Company Report

Peter Dolan or

Home Depot's

(HD) - Get Home Depot, Inc. (HD) Report

Robert Nardelli either.

"I am not into making friends," Cramer said. "If Terry Semel were to leave

Yahoo!

, it would go from $22 to $25, and I am not afraid to say it."

The media needs to tell the truth, he said. "We do at

TheStreet.com

, I wish others did as well."

There are a lot of ways to make money in the market, Cramer said. One such way is with

World Wrestling Entertainment

(WWE.)

.

Owning this stock is not a bad idea here, he said. It's not just a program, but is a stock as well.

"The rap against WWE, which became public seven years ago yesterday, is because people are worried about its attendance in the U.S.," Cramer said. But the fact of the matter is, "WWE's international business could be huge."

"It's like a Hollywood thing that we export," he went on to say. "It has been ignored for seven years, but this is a stock that pays a 5% dividend."

Cramer said this stock is for him, and as long as market players have this dividend they are not going to get hurt with this stock.

Cramer's Callers

"

Starbucks

(SBUX) - Get Starbucks Corporation Report

and

Whole Foods

(WFMI)

are the places you should be right now," Cramer told a caller.

At $37, Starbucks is on its way to $45 and is a buy, he said.

Responding to another caller, Cramer said that

SAIC

(SAI)

is going to $20.

"Defense stocks are, fine and it's OK to buy SAIC here, at $17," he said.

If he were at the management at

NYSE

(NYX)

, Cramer told a caller he would buy

International Securities Exchange

(ISE)

.

As International Securities is a little expensive, he told the caller he would buy 25 out of 100 shares now, and wait for a pull in to buy the rest.

When a caller inquired as to why some stocks never split, Cramer said he believes this has to do with Warren Buffett, who stood against the splitting of stocks. Buffett wants people in a stock if they're in it to win and in it to stay, Cramer said.

However, he said he wished

Google

would split 10 for 1, because it would encourage those who believe that it's too expensive to buy it.

If a person has $25,000 in

Bank of America

(BAC) - Get Bank of America Corp Report

, the bank offers the person free trading, Cramer told his next caller. However, the person doesn't get as high an interest rate on the $25,000.

Although there is no free trading at other financial firms such as

Charles Schwab

(SCHW) - Get Charles Schwab Corporation Report

,

TD Ameritrade

(AMTD) - Get TD Ameritrade Holding Corporation Report

and

E*Trade

(ET) - Get Energy Transfer, L.P. Report

, Cramer believes that these stocks can be bought because, after having researched Bank of America's trading offer, Cramer said he's decided "it's not that good."

He said his favorite out of the group is Ameritrade, and his favorite brokerage stock is

Goldman Sachs

(GS) - Get Goldman Sachs Group, Inc. (GS) Report

, which he owns for his charitable trust,

Action Alerts PLUS.

At the time of publication, Cramer was long Yahoo! and Goldman Sachs.

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.

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