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Lightning Round: Research in Motion, Cablevision, Pepsico and More

Research in Motion : Apple has carved RIM up, Cramer said. It's the wrong time to own it because he thinks it's going lower.

Veolia Environnement : The "Mad Money" host doesn't know whether the yield is sustainable. He promised to do his homework and report back at a later date.

Cablevision Systems : This stock is really low, Cramer said. While it doesn't have a catalyst, it yields almost 4 percent. So Cramer's a buyer.

Pepsico : Cramer thinks the long-term growth and 3.3 percent yield is good. He suggests buying it and "putting it away."

Deckers Outdoor : Cramer has been a champion of DECK but right now he's giving it a breather. If you haven't take a little off the table, he suggests doing so now.

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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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