RealMoney Radio: Walgreen Treading Water

Cramer believes that the stock will go higher but advises caution.
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Google

(GOOG) - Get Report

is not dependent on the election outcome, but "is a growth story," Jim Cramer told a caller on his

"RealMoney" radio show Wednesday.

If you can own one share of it, do so because "this stock is going higher," he said.

Responding to another caller, Cramer said he is "concerned about

Pfizer

(PFE) - Get Report

" and doesn't advise pulling the trigger on this stock.

Walgreen

(WAG)

is a best-of-breed story, but Cramer said he is worried about it because

Wal-Mart

(WMT) - Get Report

has hurt companies in its sector.

"Be careful with Walgreen," he warned. "It is treading water, but should go higher."

When a caller inquired about

GlaxoSmithKline

(GSK) - Get Report

, Cramer said the reason to buy this stock is that it has a number of consumer products.

Moreover, he believes that the stock can go back to its 52-week high in six months.

As

Harrah's

(HET)

, which is being taken over by private-equity firms, "has had most of its upside," Cramer was not ready to recommend buying it.

"You should be thinking about more aggressive plays, particularly in technology," he told the caller.

"

Bank of America

(BAC) - Get Report

is terrific," Cramer told his next caller.

"It's a well-run bank, inexpensive stock and has already made its acquisitions," he said. "I like it and would not sell it."

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.

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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