Investment

» PEIC - Real Money Radio Recap, Oct. 20

Google (GOOG=$459.67), Apple (AAPL=$79.95), Yahoo! (YHOO) and Caterpillar (CAT=$59.00) - Cramer notes that those who own even one share of Google are $30 richer and that investors should not be put off by the stock's $450 price tag since it is going higher. The only stock Cramer likes as much as Google is Apple, which he also believes is on the way up.

Concerning Yahoo, Cramer thinks that only a major change such as a shift in management will keep it from dipping down to $21. On a general note, Cramer believes that investors could make money if the Fed cuts interest rates, and he observes that Catepillar may keep the Fed at bay, but the company is on its way down.

World Wrestling Entertainment (WWE) - Cramer says the low U.S. ticket sales are not a reason to reject WWE which will make it big on the international scene. :"It's like a Hollywood thing that we export," he went on to say. "It has been ignored for seven years, but this is a stock that pays a 5% dividend."

Bullish calls:

Starbucks (SBUX) and Whole Foods (WFMI): Cramer likes both of these stocks and predicts that SBUX headed from $37 to $45.
SAIC (SAI): Since this stock is headed to $20, says Cramer, it is okay to pick it up at $17.
International Securities Exchange (ISE): Cramer says that if he were the NYX he would buy ISE. However, since he feels the stock is costly right now, he would only purchase 25% of a position now.
Charles Schwab (SCHW), TD Ameritrade (AMTD),E*Trade (ET) and Goldman Sachs (GS): Although SCHW, AMTD and ET, unlike BAC do not offer free trading deals, Cramer thinks these are good companies and that the BAC deal is not very good.
Goldman Sachs (GS): Cramer says that GS is his favorite brokerage stock.

Neutral/Bearish calls:

Bank of America (BAC): Although this company offers free trading with an account of $25,000, the interest is not very high and Cramer says that this deal looks better than it really is.

-- posted by PEIC