RealMoney Radio: Walgreen Watch

Walgreen ( WAG) is a best-of-breed drugstore that's better than CVS ( CVS)and Rite Aid ( RAD), Jim Cramer told a caller to his "RealMoney" radio show Friday

It has the best management in the industry, and although until recently the stock has not done anything, it's starting to move up as the market goes down, he said.

"Walgreen falls into the thesis of what you buy when everything's going down," said Cramer.

He told another caller to stick with UnitedHealth ( UNH), which he owns for his charitable trust, Action Alerts PLUS.

Cramer believes UnitedHealth is going to make its quarter and has one of the best stock charts.

Cigna ( CI) and Aetna ( AET) have both been moving up, but UnitedHealth has lagged behind because of its options backdating issue, but Cramer believes the problem is going away.

In a slowing economy, Cramer said AT&T ( T) could be a good stock, and he advised a caller to stick with it.

When a caller inquired about Kohl's ( KSS), Cramer recommended waiting until the stock comes down and then swooping some up, since it is currently a point off its 52-week high.

Cramer said the problem with Disney ( DIS) is that people don't want to make the trek to the company's amusement parks because of high oil prices.

However, he believes this problem is short term, because eventually people will get used to high oil prices. He said he would pick up some Disney.

Cramer told a caller to buy some Amgen ( AMGN) now.

The stock, which is three points off its low and 20 points off its high, is the best bargain in biotech, he said.

When a caller asked about Starbucks ( SBUX), Cramer said to pull the trigger on the stock now, as he believes it may become more of a Japan and China story than a U.S. story.

Cramer advised a caller that patience will prevail with Halliburton ( HAL), which he owns for his charitable trust, Action Alerts PLUS.

Although he said he is confused as to why Halliburton hasn't spun out of its construction business yet, he recently went through another company presentation that says the spinoff is imminent and will eventually get done.

When that happens Halliburton will make people money, he said.

Cramer said people are in great shape with ABB ( ABB), which he owns for his charitable trust, Action Alerts PLUS.

It is a giant infrastructure play and one of Cramer's favorites, he said, adding that ABB is at the forefront of creating more power plants worldwide, and he isn't concerned about it.

Cameco ( CCJ) is without a doubt a long-term thesis, and Cramer said he would not let it go, and would buy some when it goes down a bit since uranium is here to stay.

The fundamentals of New York Times ( NYT) are falling apart, and Cramer recommended selling it, not buying it, since he said he does not trust the stock.

He also advised swapping out of Alcoa ( AA)and into Alcan ( AL), which he owns for his charitable trust, Action Alerts PLUS.

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 ABB, Alcan, Halliburton and UnitedHealth.

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 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.

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