Jim Cramer's Stop Trading! Buy Take-Two

Cramer also likes Ciena off news of a big Verizon opportunity.
Publish date:

"Look out above" on

Take-Two Interactive

(TTWO) - Get Report

, Jim Cramer said Wednesday on


"Stop Trading!" segment.

Cramer said you'll need to "hold your nose" to buy the scandal-tarnished New York-based gamemaker, which he called the "most poorly managed" company in the nation. Nonetheless, he said the stock is about to pop even beyond Wednesday's 11% rise. Cramer noted that the investor group seeking to take over the board holds 46% of the stock, and 35% of the float is sold short. That, he said, will add up to pain for the shorts and a continuing rise in the stock.

Cramer likes


(CIEN) - Get Report

, saying the networking gearmaker "needs a win" like the one

it's in line for with


(VZ) - Get Report


Cramer says the mining sector negativity is "overdone," which is why he likes coal miner

Joy Global


despite last week's earnings miss. Cramer said the company "generates a lot of cash."

Cramer continues to like

Under Armour

(UA) - Get Report

, which he expects to benefit from the "collapse of Reebok" in U.S. athletics goods stores. Cramer said Under Armour is "superbly managed" and is "going to the $50s" from a recent $45.50.

At the time of publication, Cramer had no position in stocks mentioned.

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