Jim Cramer's Real Money Radio Recap, Nov. 21

Recap of Jim Cramer’s comments on his radio show on Tuesday November 22.Click on a stock ticker for more analysis:

Boeing (BA), New York Stock Exchange (NYX), Mastercard (MA), Goldman Sachs (GS), Sears (SHLD), Nymex (NMX)

The takeover frenzy on Monday did not send the market up, noted Cramer, because these acquisitions were in mineral, real estate and steel sectors that don't need to move higher. Cramer gave his lists of "annointed stocks" which included: BA, GOOG, NYX, MA. "This is where the money is being made," he said. "It's not only on takeovers, but on earnings." While some stocks on this list seem costly, Cramer says that they are cheap compared to the profits they will bring, and notes that NYX went up 10 points this week, and if valued like Nymex, NYSE would be sitting at $250. Cramer suggested using any weakness to buy good stocks also in the infrastructure, energy and diversified industrial sectors.

Related: Shares of NYX rose as it agreed to split the board for the Euronext merger.

UAL (UAUA) and Continental (CAL) - "The airlines are ramping furiously," remarked Cramer who likes UAL and says CAL is a "terrific company." He predicts this trend will continue because the airlines are in acquisition mode. "There are so many ways to win," he continued. "This market is going higher."

Lowe's (LOW), Medtronic (MDT), and Deere (DE) - After a downgrade and a bad quarter, Lowe's resisted decline which leads Cramer to the conclusion that "the worst is over for Lowe's, just as the worst is over for homebuilders." He also discussed MDT and DE which are both up $4. Cramer likes Deere because it has a "monster short position that isn't working out," and since it has had a "miracle run," Cramer suggests selling half and holding half. Cramer says that Medtronic is a hold and added that it is "finally going to start rolling" after a solid quarter.

Related: Deere reports earnings growth, but warns of slowdown.

Bullish calls:

Best Buy (BBY): Cramer sees growth potential for this company.
GameStop (GME): This is a "terrific" hardware and software company, says Cramer.
Allergan (AGN): a "best-of-breed" stock, according to Cramer.
Apple (AAPL): Cramer says that people who hold onto Apple are not hogs and are going to see it run from $87 to $100.
FedEx (FDX): This stock is a good way to play the online holiday shopping season.

Neutral/Bearish calls:

Mentor (MNT): When asked about owning this stock for silicon breast implants, Cramer said he preferred Allergan.
Crocs (CROX): Cramer says that investors have made enough money with CROX and he is not bullish anymore.
Sony (SNE): Playstation will probably not have an immense effect on Sony which needs to break itself up, according to Cramer.

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

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