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Lightning Round OT: BP, Visa and More

Visa : This is more of a long-term play than one for the short term, Cramer said. Too much consumer weakness right now.

BP : Cramer likes BP, but not until it drops to $52 a share.

Metalico : “The scrap metal business is no longer a good business because China has slowed,” Cramer said, and demand has slowed across the board. Go with an integrated metals play like Nucor instead.

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  • Jim Cramer

    Jim Cramer is host of CNBC's "Mad Money" and co-anchor of the 9 a.m. ET hour of CNBC's "Squawk on the Street."

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