RealMoney Radio: Steel Deals

Cramer says that Allegheny is one steel company worth owning.
Publish date:


First Data

(FDC) - Get Report

is cheap, and I would be a buyer of it," Jim Cramer told a caller on his

"RealMoney" radio show Wednesday.

When a caller asked about

Titanium Metals


, Cramer said there is only one company that he wants to own in this space and that's

Allegheny Technologies

(ATI) - Get Report

Although there are a lot of stories that steel is going down, you can't lump all steel together, he said.

"You can still own Allegheny," Cramer told the caller. "It is now back a level that makes sense to me."

Responding to his next caller, Cramer said he believes that there is upside to buying


(HSY) - Get Report

and suggested buying it "aggressively."

On the other hand, he was not a big fan of


(GCI) - Get Report

, when a caller mentioned it.

"I would buy it if I had to buy a newspaper stock -- and if you put a gun to my head," Cramer said.

Cramer said he does not like this space and couldn't recommend getting into it.



is up three points since CEO Julian Day joined the company, Cramer said, responding to his next caller.

But Cramer said he would rather see the caller buy 10 shares of



, a stock he owns for his charitable trust,

Action Alerts PLUS, than 100 shares of RadioShack.

World Wrestling Entertainment

(WWE) - Get Report

is a stock Cramer told a caller he likes very much.

"This is a terrific company," he said. "I think the stock is going higher."

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 Holdings.

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

clicking here. 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