TheStreet's Jim Cramer, Action Alerts PLUS Portfolio Manager and host of CNBC's "Mad Money," said Allergan (AGN) - Get Free Report is a stock to hold onto, and the company might not take the first bid fromPfizer (PFE) - Get Free Report , should the pharmaceutical company make an offer. Several reports say that Pfizer and Allergan are in merger talks.
"I think Brent Saunders would like to get far more. The stock traded at 340 without a takeover bid," said Cramer explaining how Allergan's CEO won't settle for a low price. Cramer added that Saunders "has a lot of irons in the fire," which is why his charitable trust owns the stock.
He made the comments while answering viewers' social media questions on the floor of the New York Stock Exchange Thursday.
Cramer was also asked about small biopharma companies. He said he prefers the larger companies like Amgen or Celgene (CELG) - Get Free Report , but he does likes Radius (RDUS) - Get Free Report . Cramer also is a fan of big pharma companies Eli Lilly (LLY) - Get Free Report , Bristol Myers Squibb (BMY) - Get Free Report and Pfizer.
A viewer asked about GoPro's (GPRO) - Get Free Reportdisappointing earnings. Cramer said he wouldn't defend the stock based on the negative comments made during the company's earnings conference call.
Next Cramer was asked if he is still long NXP Semiconductor (NXPI) - Get Free Report . Cramer said he's trying to figure out what went wrong with that company. He said NXP's guidance was "inexplicable," particularly when contrasted with what Apple (AAPL) - Get Free Report is seeing. He's been telling investors to avoid NXP, Avago (AVGO) - Get Free Report , Qorvo (QRVO) - Get Free Report and Skyworks (SWKS) - Get Free Report , and instead favor Intel (INTC) - Get Free Report , Texas Instruments (TXN) - Get Free Report and Analog Devices (ADI) - Get Free Report . He also mentioned that he'll be discussing Avnet (AVT) - Get Free Report on "Mad Money" Thursday.
Finally Cramer was asked for his thoughts on Macy's (M) - Get Free Report . The company has been hurt by VF Corp. (VFC) - Get Free Report , he said, and department stores have lost some business to companies like Target (TGT) - Get Free Report .
Cramer answers viewers' social media questions during a daily segment with TheStreet TV. Find him on Facebook (FB) - Get Free Report and on Twitter (TWTR) - Get Free Report . Send him questions on Twitter @JimCramer, using #CramerQ.