It's worth taking a shot at Triad ( TRI), Jim Cramer said Friday on CNBC's "Stop Trading!" session.

Cramer said the hospital operator, up 5% at $42.50 off a Deutsche Bank report predicting a leveraged buyout will be unveiled next week, is "a steal" at this level. He added that hospitals going private are the "wave of the future" and said of the analyst who wrote the report, "Why stick your neck out if you don't feel sure about it?"

Cramer was less effusive about Citigroup ( C), saying Friday morning's fourth-quarter earnings report was "not a good quarter" as it showed more evidence that "costs are exploding." Cramer said the stock is "nothing to write home about" and that he won't say sell it right now, given his conviction that bank stocks are in a good spot, but he added that this outfit looks like "the deadest money of the group."

Cramer also expressed surprise at GE ( GE) CEO Jeffrey Immelt's comment that the company is done doing deals this year and that he's not looking for anything "transformative." Cramer said conglomerates such as GE and United Tech ( UTX) are hemmed in right now by the market's view that they don't deserve growing price-to-earnings multiples.
At the time of publication, Cramer had no positions in stocks mentioned.

Jim Cramer is a director and co-founder of TheStreet.com. He contributes daily market commentary for TheStreet.com's sites and serves as an adviser to the company's CEO. Outside contributing columnists for TheStreet.com and RealMoney.com, including Cramer, may, from time to time, write about stocks in which they have a position. In such cases, appropriate disclosure is made. To see his personal portfolio and find out what trades Cramer will make before he makes them, sign up for Action Alerts PLUS. Listen to Cramer's RealMoney Radio show on your computer; just click here. Watch Cramer on "Mad Money" at 6 p.m. ET weeknights on CNBC. Click here to order Cramer's latest book, "Real Money: Sane Investing in an Insane World," click here to get his second book, "You Got Screwed!" and click here to order Cramer's autobiography, "Confessions of a Street Addict." While he cannot provide personalized investment advice or recommendations, he invites you to send comments on his column by clicking here.

TheStreet.com has a revenue-sharing relationship with Traders' Library under which it receives a portion of the revenue from Traders' Library purchases by customers directed there from TheStreet.com.

If you liked this article you might like

Qualcomm Nets Wireless Licenses in India

Qualcomm Nets Wireless Licenses in India

SEC Probes Other Deals: Report

SEC Probes Other Deals: Report

Cramer's 'Mad Money' Follow-Up: April 15

Cramer's 'Mad Money' Follow-Up: April 15

Cramer's 'Mad Money' Follow-Up: April 14

Cramer's 'Mad Money' Follow-Up: April 14

Cramer's 'Mad Money' Follow-Up: March 25

Cramer's 'Mad Money' Follow-Up: March 25