Jim Cramer on Whether Valeant’s CEO Can Fix the Company
Jim Cramer says Valeant's new CEO Joe Papa has a lot of work cut out for him and he's not sure anyone can fix the company.
TheStreet's Jim Cramer said Valeant's (VRX) new CEO Joseph Papa has a lot of work cut out for him and he's not sure anyone can fix the company. Cramer interviewed Joseph Papa, on CNBC's 'Mad Money' Monday night. Cramer said that while the stock is inexpensive, he just can't recommend it due to an ongoing investigation into possible accounting irregularities.
At the time of publication, Jim Cramer's charitable trust Action Alerts PLUS held no positions in stocks mentioned.
