General Motors ( GM) is a company that has done everything right and the stock has fallen too far, Jim Cramer told a caller on his
"RealMoney" radio show Wednesday. GM looked at its problems and cut costs and fixed its balance sheet. He recommended holding onto the stock. Although there is a possibility that Marvell ( MRVL) won't report the most beautiful quarter in the world, it's wrong that its stock has been cut in half, he said. He advised a caller to hold on to Marvell at least until it reaches the $40s. It was recently at $37. Bancolombia ( CIB), the largest bank in Colombia, is a stock that is going high, Cramer told a caller. He recommended not selling it until it goes to $30. It was recently at $24. Cramer told a listener who asked about Dow Chemical ( DOW) to hold it until it goes to $40 and then to get out. It was recently at $37. Apple ( AAPL) has come down a great deal, Cramer said, while advising a caller to spilt the difference and take half the shares off the table now and let the rest run. He told one caller to swap out of Chipotle Mexican Grill ( CMG) and get into McDonald's ( MCD), which he said just reported a stellar quarter. When a caller inquired about Medtronic ( MDT), Cramer said medical devices stocks are cheap, but he'd rather be in St. Jude Medical ( STJ), as he believes St. Jude has the potential to be acquired, whereas Medtronic is likely to be a company that acquires another company. Medtronic is OK, but St. Jude is better, he said. Cramer recommended Pepsi ( PEP) to a caller who was looking for a good for first investment. If you don't like Pepsi, he advised buying Bristol-Myers ( BMY), 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.