Jim Cramer's Real Money Radio Recap, Aug 9.

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Includes: ARCH, AUY, BP, BTUUQ, CAT, CIB, EZM, FDG, GE, GIS, GME, IR, K, NOV, OS, PHG, RMIX, TEVA, TOL, TXT, UNH, UTX, VAR
by: Miriam Metzinger

Recap of Jim Cramer's radio show on Wednesday August 9. Click on a stock ticker for more analysis:

Not-So-Vicious Cyclicals: Caterpillar (NYSE:CAT), Ingersoll-Rand (NYSE:IR), United Technologies (NYSE:UTX), Kellogg (NYSE:K), and General Mills (NYSE:GIS) - Cramer notes that cyclicals are getting thrown out, regardless of how well the companies are doing, because everyone is interested in defensive stocks. Cramer says that this may be a good time to pick up stocks such as CAT, which received a good report from its Canadian distributor, Finning, IR, whose great buyback plan was greeted with indifference, and UTX, which still is not well-known in the U.S. For those who prefer short-term plays, defensives such as K and GIS are good choices, but quality cyclicals will go up in six months, according to Cramer.

A good Match: Varian (NYSE:VAR), Philips Electronics (NYSE:PHG) and General Electric (NYSE:GE) - Cramer predicts that VAR and PHG will pair up within the next year, and the move will make money for VAR, which produces anti-cancer and X-Ray machines. PHG will have to pay $60 a share for the company, and Cramer believes that PHG will spin off VAR's security and screening division and sell it to GE.

Oil and Steel: BP (NYSE:BP) and Oregon Steel (OS) - Cramer notes that since BP closed a pipeline, the company needs to hire a company to replace 16 miles of steel, and he believes that OS is a likely candidate. Although people are dumping cyclicals because they fear a slowdown, Cramer believes that the pause in rate hikes means that recession is less likely, and would buy steel.

Bullish calls:

Textron (NYSE:TXT): Cramer describes TXT as "a multifaceted conglomerate that is growing at 12% with a management that is heavily devoted to making you money," and believes that United Technologies may buy it.
GameStop (NYSE:GME): Cramer regrets selling GME, and suggests picking some up every time it declines.
Yamana Gold (NYSE:AUY): AUY is a "great speculative play in this market," according to Cramer, and is selling now for only $10.
Peabody (BTU) and Arch Coal (ACI): Cramer likes these coal stocks.
UnitedHealth (NYSE:UNH): This company should come out clean from the options backdating scandal, says Cramer, who recommends it now at $60.
Teva Pharmaceutical (NASDAQ:TEVA): Although an analysts downgraded this stock, Cramer would stay with TEVA.
EuroZinc Mining (NYSEARCA:EZM): Cramer says that people don't take this stock seriously enough, and at $2 a share, he would buy it.
Bancolombia (NYSE:CIB): Cramer predicts that CIB will move from $28.67 to $30 before going down.
National Oilwell Varco (NYSE:NOV):With the huge oil rig shortage, NOV is the stock to buy, says Cramer.

Neutral/Bearish calls:

U.S. Concrete (RMIX): Cramer says this company is being hurt by the decline in the housing market.
Toll Brothers (NYSE:TOL): Cramer notes a report released by TOL about excessive inventory.
Fording (FDG): Cramer suggests switching out of FDG and into BTU or ACI.

More: Cramer's latest stock picks, including: Mad Money Recap, Lightening Round, Stop Trading and his Radio Show.

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