has done nothing this year," Jim Cramer told a caller on his
"RealMoney" radio show Wednesday.
The reason this stock has not gone up is because it happens to be a big seller of gasoline, he said. Costco paid too much for gas and then had to sell it low, which is what hurt its quarter.
However, "it was a broken stock not a broken company," Cramer said, adding that he believes it will go from $52 to $57.
He encouraged the caller to hold Costco.
Responding to another caller who inquired about
, Cramer said that although he has historically disliked airlines, AMR reported a big profit this morning.
However, that doesn't make it his favorite, he said.
remains his top play in this sector.
Cramer advised his next caller to hold onto
AU Optronics has been quiet and hasn't been moving, but Cramer said he believes that the liquid-crystal display sector has tightened its inventory, and consequently AU Optronics will go higher, as will
When a caller asked if he should take a little
Bank of America
off the table, Cramer said it is in between some banks that are doing well and some that are not.
"I see downside of $1 and an upside of $3 for Bank of America," he said. "I have to tell you, if that's the risk/reward, you need to be in, not out."
Cramer also told a listener to hold on to
( BLS), as he believes its merger with
is going to be "fantastic."
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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