Lightning Round: Virgin Mobile, eBay, Charter and More
Sangamo Biosciences : Sell it and buy Celgene , Cramer advised. “That is the best play.”
Virgin Mobile : Cramer would “stay away” from any of Richard Branson’s companies, including VM.
Superior Energy : An oil service name with too much American exposure. The only U.S. oil service stock doing well is Halliburton , Cramer said, and that’s because it’s moving away from North America and taking share from Schlumberger .
eBay : It’s got a lot of cash, the PayPal business is doing well and Cramer reiterated his bullishness on eBay.
AmTrust Financial : It’s a small business insurance play, which shouldn’t be getting hurt, Cramer said, but it’s still hitting lows. “Don’t buy.”
Charter : Cramer had a message for the top brass at Charter: “Accept that you’re not any good and give the reigns to someone else.”
Under Armour : The stock is getting hurt because of the unseasonably warm weather across much of the country. Even still, Cramer is sticking by it.