Jim Cramer's Real Money Radio Recap, Nov. 3

Recap of Jim Cramer's radio show on Friday November 3. Click on a stock ticker for more analysis:

Whole Foods (WFMI), Yahoo (YHOO) - Cramer discussed WFMI and Yahoo as two stocks which have been hammered. "People who own Whole Foods are getting killed," says Cramer, noting that the stock had double-digit growth for a time but has recently "got it wrong." He thinks that the problem is company-specific and does not involve the organic-foods industry in general, and he would use a potential rise on Wednesday as an opportunity to sell. Although there was some talk about Yahoo as a takeover target, it is now too expensive at $26.

Related: Steven Towns reports a drop in Whole Foods' stock on predictions of slower growth for 2007.

Celebrate Diversity: Fortune Brands (FO), Ingersoll-Rand (IR), American Standard (ASD) - Cramer remarks that companies which are diversified fare better than those which specialize in one area. For instance, Fortune brands is resisting "getting killed" along without other housing plays because it bought some liquor companies, he observes, and the stock is going higher. However, ASD and IR are getting hurt because they are too specialized.

Close Calls: Garmin (GRMN) - Cramer suggests listening to conference calls to really get a sense of how a company is doing. For instance, he is leery about Garmin, not only because it missed its numbers, but because management seemed to ignore this fact, and during the conference call, did not give a reason for the company's lackluster performance. "I don't want to touch the stock until I figure out what happened here," Cramer said. "It was a real disappointment."

Related: Full Garmin 3rd Quarter 2006 conference call transcript.

Time to Buy: Electronic Arts (ERTS), Viacom (VIA), Sirius Satellite Radio (SIRI) and XM Satellite Radio (XMSR) - Since Viacom has been trying to find an entry into video games, it should have bought ERTS, says Cramer, noting that the stock is now too high for Viacom to consider. However, there is still time for SIRI to buy XMSR, and Cramer believes it is better for both companies to join forces than to compete. "This is the last chance for Sirius' CEO Mel Karmazin and the good people at Sirius to buy XM Radio," he said. Cramer has been insisting that Mel Karmazin make this move for a while, and time is running out.

Related: Steven Towns reports that Electronic Arts beat Wall Street estimates.

Bullish calls:

Staples (SPLS): Cramer believes that this stock will yield a significant profit and doesn't understand why it is cheaper than its rivals, Office Max and Office Depot.
Hewlett-Packard (HPQ) and IBM (IBM): Cramer likes these companies better than Intel.
USG (USG): "Everyone is freaking out because it is in housing, " notes Cramer, although he believes that investment wizard Warren Buffet has a good reason to buy this stock which is "too cheap."
Ford (F): Although Cramer admits that this company has been "poorly run," he thinks that CEO Alan Mulally "will turn around Ford," since he made significant improvements at Boeing. Cramer would buy half now and half later.

Neutral/Bearish calls:

JDS Uniphase (JDSUD): Cramer likes the fact that JDS did a reverse split but adds that the measurement and testing business it acquired recently is not doing well. However, the company is "adamant" that it is stable and it has recently gone higher. Cramer said that it is alright for a trade and would hold onto it until it reaches$20.
Simpson Manufacturing (SSD): Since this stock is directly tied to housing, Cramer would sell it.
Intel (INTC): Cramer notes that people are suddenly turning away from Intel and notes that most of its competitors are doing better. "There are not a lot of reasons to own Intel," he said.

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