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Jim Cramer said to ignore headlines about oil inventory being at a high, on his

"RealMoney" radio show Friday, adding that there is a communication problem between Wall Street and oil companies.

What Wall Street believes about oil companies is not the same as what the oil companies think about each other, he said.

Another reason Cramer gave for not taking "scary" oil headlines into consideration: the news on Friday that oil and gas producer

Anadarko Petroleum

(APC) - Get Anadarko Petroleum Corporation Report

acquired two smaller competitors,




Western Gas

, for $21 billion.

What's happening right now is similar to what happened after the crash of 1987, when there was a gigantic rush of mergers. Oil's valuation levels have been knocked down, Cramer said, advising his listeners to strike now, before oil and gas and mineral stocks go much higher.

The oil stocks are all cheap, he said as are the copper, coal, aluminum and gold stocks.

Cramer said he's been buying


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TheStreet Recommends

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, the cheapest aluminum on Earth, for his charitable trust,

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Right on Track


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is the best railroad company in the country, Cramer told a caller.

The company ships a lot of ethanol and coal, and Cramer said he wouldn't just hold onto it, he'd be a buyer of this "high-quality" transportation company.

Cramer said he could not advocate owning

Anadarko Petroleum

(APC) - Get Anadarko Petroleum Corporation Report

because although the company did the right thing by acquiring Kerr-McGee and Western Gas, it will take many months for the deal to close, he said.

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is the best drug company out there, other than


( SGP), which he owns for his charitable trust,

Action Alerts PLUS, Cramer told another.

He advised sticking with Glaxo and said it is the one drug company that he believes can have an unbelievable second half without a takeover.

When a caller asked about


(CSCO) - Get Cisco Systems Inc. Report

Cramer said he is not a fan of this company, because it is "stalled."

He suggested swapping out of it and going into


(CIEN) - Get Ciena Corporation Report



( TLAB) instead.

"You have to get out of stocks that are stuck in the mud and get into stocks that are moving," he said

UnitedHealth Group

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, which Cramer owns for his charitable trust,

Action Alerts PLUS, is finished going down, he said.

The company just won a big lawsuit, and in addition, Cramer believes the investigation of the company's CEO, Bill McGuire, involving options backdating will lead to nothing. Goldman Sachs, usually a big bear on health organizations, also came out this morning and said maybe they've been too negative on the sector, Cramer said. Cramer believes UnitedHealth is a buy, he said.

He advised a caller to buy



, which he called best-of-breed.

Crystallex International

( KRY) owns the largest gold mine company, but unfortunately it is located in Venezuela, where the government has held the mine up, Cramer said.

He believes the stock is speculative and recommended getting out of it when it starts moving again and hits $4 or $5 (the stock was recently at $3.11).

Cramer told a caller to swap out of


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and get into


(ALL) - Get Allstate Corporation (The) Report


Allstate currently has the greatest plan out there and it has stopped offering insurance to coastal cities that are potential hurricane victims, he said.

Cramer's second-best insurance play is


(PRU) - Get Prudential Financial Inc. Report

, he said.

Although Cramer believes

Titanium Metals

is a decent company, he said

Allegheny Technologies

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is a better-run company and he told a caller to get into that instead.

He also told a caller to skip



and get into


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When a caller inquired about


(INTC) - Get Intel Corporation Report

, Cramer called the company "dead money", saying that whereas before engineers used to run the company, now it is run by sales people.

Advanced Micro Devices

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is the better company in this sector, he said. It produces faster, better and cheaper products.

Cramer said

NRG Energy

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is a buy. Not only is it dirt cheap, but the company just announced a multi-million dollar project, he said.

He told a caller he likes the aircraft company


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and wouldn't be surprised if


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acquired it.

And he recommended buying


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, which he owns for his charitable trust,

Action Alerts PLUS.

Microsoft Missing Out


(MSFT) - Get Microsoft Corporation Report

should buy



, Cramer said.

Cramer owns both Microsoft and Yahoo for his charitable trust,

Action Alerts PLUS.

Cramer said he's been telling people to buy Yahoo!, which, along with


(GOOG) - Get Alphabet Inc. Report

, is a top competitor in the Internet information arena.

The only problem is Microsoft, which wants to get into the Internet search business, might believe it can pose a threat to Yahoo! on its own, Cramer said. But Microsoft needs to recognize that it will more than likely not be able to compete against Yahoo!

Yahoo! can't be caught by Microsoft, he said. Buying back stock and raising dividends has proved fruitless for the company thus far. Therefore, Cramer believes it only makes sense for Microsoft to spend its money to acquire Yahoo!

There was a time a few months ago when

General Motors

(GM) - Get General Motors Company Report

looked like it was dying due to falling market share and rumors of bankruptcy, Cramer said.

But now, Cramer believes GM will be a player once again. The company's management has taken action and managed to buy back stock and get its healthcare costs in line. And even GM's automobile models are selling pretty well, he said.

Although it still might not be a blue chip, Cramer believes people should give General Motors some credit and respect, he said. He believes it is a buy.

At the time of publication, Cramer was long Alcan, Citrix, Microsoft, Schering-Plough, UnitedHealth and Yahoo!

Jim Cramer is a director and co-founder of He contributes daily market commentary for's sites and serves as an adviser to the company's CEO. Outside contributing columnists for and, 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

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