So while the tide may be turning in the company's favor, Cramer said he's still advising individual investors stay away until after the dust settles.
Cramer was bearish on Amarin (AMRN).
In the "Mad Mail" viewer feedback segment, Cramer followed up on Ironwood Pharma (IRWD), a stock that's up 20% so far this year. Cramer said that he'd rather be in a big pharma name like Pfizer (PFE). Cramer did bless owning Santarus (SNTS), however, even though that stock is up a full 170% over the past 12 months.When asked about Hovnanian (HOV), Cramer said he prefers just about any other homebuilder over Hovnanian, and Pulte Homes (PHM) wins best in show. Cramer was bearish on Nordic American Tanker (NAT), although he said the company's dividend cut might signal a bottom in the stock. He was also not a fan of Prudential (PRU) saying that he prefers American International Group (AIG), which is less expensive. Finally, Cramer said he's not a fan of Darden Restaurants (DRI), which has not been well run as of late, but he is a fan of Southern Company (SO).
No Huddle OffenseIn his "No Huddle Offense" segment, Cramer said it's time to unwind the "buy the big banks, sell the small ones," strategy. He said the big banks have failed to inspire any excitement as of late, and the action has moved into the regional banks. Cramer said the regional banks can make more money as the economy recovers and housing rebounds. He recommended First Horizon (FHN) and Key Corp (KEY), a stock he owns for his charitable trust, Action Alerts PLUS. To sign up for Jim Cramer's free Booyah! newsletter with all of his latest articles and videos please click here. To watch replays of Cramer's video segments, visit the Mad Money page on CNBC. -- Written by Scott Rutt in Washington, D.C. To email Scott about this article, click here: Scott Rutt Follow Scott on Twitter @ScottRutt or get updates on Facebook, ScottRuttDC
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