Jim Cramer Says Steer Clear of Fitbit, Stay Away From SunEdison
TheStreet's Jim Cramer answers viewers' Twitter questions on Fitbit (FIT), SunEdison (SUNE) Verifone (PAY), Yelp (YELP) and whether oil stocks will continue to take a hit. @SpartanTrader7 asks do you still like Fitbit (FIT)? Cramer said, 'I use the Apple Watch for exactly what a lot of people use Fitibit for...I keep thinking about that interview with the CEO where he wouldn’t give me any clarity at all about how they are doing but that’s one of the reasons we felt why the valuation got overstretched...I don’t want to pull the trigger.' @MartiPjmarti asked with SunEdison (SUNE) broken, what is your favorite solar stock now? And, is Verifone a takeover target? 'First Solar (FSLR) by far, with SunEdison be careful, their balance sheet is very bad. And, Verifone should be bought by someone because they haven’t been able to get the stock up enough. I would love to see Blackhawk (HAWK) and Verifone get together.' @YLevnstein asks what the current valuation of Yelp means and how Cramer thinks it will play out? Cramer said, 'I think Yelp turned out to be a very big disappointment for me. It’s a stock that I really liked and I think that they ended up not accomplishing all the things they wanted to and they over promised about how international was going to do and the rollout was going to do and it has been a disappointment.' If you have questions for Jim Cramer, tweet them to @JimCramer using the #CramerQ.
