RealMoney Radio: Steel Deals

Cramer says that Allegheny is one steel company worth owning.
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"

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

(TIE)

, 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

Hershey

(HSY) - Get Report

and suggested buying it "aggressively."

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

Gannett

(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.

RadioShack

(RSH)

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

Sears

(SHLD)

, 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 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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